Swiggy may exit Rapido over conflict of interest; Instamart GOV soars 2X in Q1 FY26

Foodtech major Swiggy, which holds a strategic stake in mobility company Rapido, has flagged a potential conflict of interest with the firm. In a stock exchange filing, Swiggy said it is “actively re-evaluating” the investment, citing the evolving nature of their business relationship.

Swiggy owns a minority stake of around 12% in Rapido, an investment that has seen significant value appreciation over time. The company has hinted at a possible monetization of this stake to…