India, Jan. 6 -- The Competition Commission of India (CCI) has approved Prosus' entity MIH Investments One BV stake acquisition in ride-hailing unicorn Rapido, months after it was reported to be looking to purchase shares in the startup.

In late 2025, Rapido investors Swiggy and TVS Motors both announced their divestments in Rapido, selling their shares to the Dutch VC firm in secondary transactions.

In September, Swiggy announced that it will be offloading its entire stake in the ride-hailing major to Prosus and WestBridge in a deal worth about INR 2,400 Cr. Prosus has lapped up Rapido shares worth around INR 1,968 Cr in this transaction.

Separately, TVS Motor announced in November that it had signed share purchase agreements with Acc...