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CosmicTaco
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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

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1mo ago
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QuirkyWalrus
QuirkyWalrus
Deutsche Bank1mo

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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