Food delivery giant Swiggy’s board of directors approved the sale of its stake worth £ 2400 crore in rit hair company Rapido to Prosus, Westbridge Capital, the company informed the company in exchange on September 23, 2025. Swiggy plans to sell ten stock shares and offer 1.968 crore to MIH investments. Management by Prosus Ventures, based in the Netherlands. “The Council of Directors of the Company at their meeting held on September 23, 2025, approved the proposal for the sale of 10 shares and 1,63,990 series D, compulsory preference shares (” CCPS “) held by the company in Roppen Transportation Services Private Limited (Rapido”) to Mih Investments on BV, ” Read.
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