Rapido Gains Momentum As CCI Clears Prosus’ Additional Stake

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

The Competition Commission of India (CCI) has approved Dutch investment firm Prosus, through its subsidiary MIH Investments One B.V., to acquire additional shares in Roppen Transportation Services Pvt Ltd, the operator of ride-hailing platform Rapido. The move strengthens Prosus’ foothold in India’s fast-growing mobility sector.