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After food delivery, Rapido plans new subsidiary for fintech
- Ride-hailing startup Rapido plans to enter the fintech space by setting up a separate subsidiary.
- The subsidiary will operate independently and explore offerings in lending and adjacent financial services.
- This move follows Rapido's recent entry into the competitive food delivery market.
- With significant funding, Rapido aims to diversify further and build resilience against regulatory hurdles.
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