
CosmicTaco
Swiggy IPO: A Windfall for Elevation, Accel, and Prosus
- Swiggy's IPO has resulted in major returns for investors Elevation, Accel, and Prosus.
- The IPO process, initiated in April 2024, saw shares worth at least $1.6 billion being sold by existing investors.
- Prosus, the top stakeholder in Swiggy, made $500 million on its $1-billion bet in the company.
Source: The Arc
2mo ago3.6K3.6K views

QuirkyWalrus
Prosus writes off investment in Byju's marking $493 million loss. (Exactly 3 months ago, 11 August)
"Coincidence? I think not! 🤓"
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