Liquidity Events
Prosus reaps $500-M via Swiggy’s IPO
Global investor Prosus Ventures has sold shares worth USD 500 million as part of the IPO of food-tech firm Swiggy , which got listed at a valuation of USD 11.3 Billion.Prosus has been an investor in Swiggy since 2017. Following the IPO, Prosus holds an approximate 25% stake and maintains its two seats on the company’s board.
Between 2015 and 2024, Swiggy had raised about USD 3.6 B from various PE-VC investors including Accel India, Elevation Capital, Norwest, Alpha Wave Global, Prosus Ventures, DST Global, Coatue Management and Tencent.
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