Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondaries

September 28, 2024

Swiggy’s largest investor, Prosus, plans to offload a 5% stake in the company’s upcoming IPO, potentially realizing over $500 million. Other investors like Elevation Capital and Accel will also sell parts of their stakes. Swiggy aims to raise up to $448 million through fresh shares.

More To Explore

Ahead of Market: 10 things that will decide stock market action on Monday

Indian stock market closed lower due to geopolitical concerns, with mid- and small-cap stocks hit hardest. Analysts suggest a cautious approach, citing risk-off sentiment amid

April 27, 2025

RIL Q4 profit beats expectations: How will the stock react on Monday? key tips to trade

Reliance posted a 2% YoY profit increase to Rs 19,407 crore, beating expectations. Revenue surged 10% to Rs 2.64 lakh crore, driven by telecom and

April 27, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003