New Delhi, Sept. 26 -- Swiggy share price has slipped over 21 percent in 2025, and the food delivery giant is now looking to pivot its strategy by monetising its Rapido stake. The Rs.2,400 crore sale, announced this week, is expected to free up capital for Instamart, its loss-making quick-commerce arm, which management hopes can emerge as the next growth engine.

The company will divest its entire 12 percent holding in ride-hailing firm Rapido to MIH India Food Holdings BV (Prosus) and Setu AIF Trust (Westbridge) for a total pre-tax consideration of Rs.2,400 crore. Prosus, which already holds a 23.3 percent stake in Swiggy as of June 2025, will acquire Rs.1,968 crore worth, while Westbridge will pick up the remaining Rs.431 crore. The tra...