STP is a method to stagger money typically from a liquid fund to an equity fund over a period of time. An investor with cash wanting to make a lump sum investment but worried about near-term corrections uses this method. The twin advantage is that you make returns from the liquid fund and simultaneously stagger money into your equity fund.
Prosus gains $2 billion on Swiggy investment with IPO valuation
Prosus NV, Tencent’s top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond Tencent. Prosus and