Prosus Reaps $2 Billion Windfall from Swiggy's IPO Valuation Surge
1 month ago
In a significant financial development, Prosus has reported a profit of $2 billion from its investment in Indian food delivery giant Swiggy, coinciding with the company's recent public offering (IPO). Swiggy, which has rapidly expanded across the Indian subcontinent, saw its valuation soar to an impressive $10.7 billion post-IPO, offering substantial returns for early backers like Prosus.
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