Prosus Nets $2 Billion Boost from Swiggy Investment as IPO Valuation Surges
Global investment behemoth Prosus has made $2 billion from its entire stake in foodtech company Swiggy, which debuted on the public exchange today (November 13) at a $11.3 billion value. After selling a portion of its ownership in the Sriharsha Majety-led company, Prosus, Swiggy’s largest stakeholder, sold $500 million worth of shares during the initial … Read more
