In a stock exchange filing, TVS said Accel and Prosus were picking up shares worth Rs 144 crore each in Rapido from the Chennai-based company.
TVS had first backed Rapido in 2022, when it participated in a $180 million round led by food delivery firm rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy.
Bengaluru-based Swiggy, which owns a 12% stake in Rapido, is also in the process of selling its…

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