The Competitors Fee of India (CCI) has accepted Dutch funding agency Prosus’ proposal to accumulate an extra fairness stake in ride-hailing startup Rapido, clearing a key regulatory hurdle for a collection of secondary share transactions undertaken over the previous few months.

The approval covers the acquisition of sure extra shareholding in Roppen Transportation Companies Non-public Restricted, which operates the Rapido platform, by MIH Investments One BV, an oblique wholly owned subsidiary of Prosus NV. MIH Investments One BV doesn’t undertake working actions of its personal and features primarily as a holding entity for Prosus’ investments in India, the regulator famous.

The CCI clearance comes after a interval of great secondary transactions involving Rapido’s current buyers. In September 2025, Swiggy introduced that it will offload its whole stake of round 12 per cent in Rapido to Prosus and WestBridge in a deal valued at about Rs 2,400 crore, or roughly USD 270 million. Of this, Prosus acquired shares value roughly Rs 1,968 crore. Swiggy cited a possible battle of curiosity arising from Rapido’s intent to enter the meals supply enterprise as a cause for the divestment.

Individually, in November 2025, TVS Motor Firm mentioned it had signed share buy agreements with Prosus and Accel to promote its stake in Rapido for Rs 287.93 crore. As a part of this transaction, Prosus was set to accumulate shares value about Rs 145 crore.

The funding agency has been positioning a number of Indian portfolio corporations for public listings. Lately, Prosus has reported beneficial properties from IPOs of City Firm, Meesho and Bluestone, whereas meals supply main Swiggy listed in 2024. Different IPO-ready corporations in its India portfolio embody PayU India, CaptainFresh, Mintifi and Eruditus.

Rapido itself has indicated that it’s making ready for the general public markets. In November 2025, the corporate mentioned it expects to start work on its itemizing course of by the tip of 2026. Co-founder Aravind Sanka advised PTI that Rapido goals to maintain a 100 per cent year-on-year development fee over the following few years and enter the IPO as a considerably bigger participant than its nearest rivals.