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.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025