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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…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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