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Informative

Swiggy may exit Rapido over conflict of interest; Instamart GOV soars 2X in

Update / Judgement Date

31 Jul 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementMerger & Acquisition

Swiggy is reportedly considering an "exit from its strategic stake in mobility company Rapido" due to a "conflict of interest." Swiggy, which holds a minority stake in Rapido, has hinted at monetizing its investment. This comes as Swiggy's quick commerce business, Instamart, continues to see strong growth, with its Gross Order Value (GOV) soaring over 2x in Q1 FY26. The move suggests a strategic realignment for Swiggy, which is increasingly focusing on its own growing verticals.