India, Sept. 23 -- Swiggy Ltd. has decided to sell its entire stake in Rapido in a Rs.2,4000-crore deal, according to an exchange filing. That pegs Rapido's valuation at Rs.20,330 crore as against Rs.1.1 crore in the last round of funding in 2024.

This is a developing story.

Published by HT Digital Content Services with permission from Hindustan Times....