Prosus Gains $2 Billion on Swiggy Investment with IPO Value
1 day ago · Prosus is selling down shares worth more than $500 million in the IPO and will retain 25% of Swiggy, similar to its stake in Tencent, Prosus’s President and Chief Investment Officer Ervin Tu ...
Swiggy IPO a success story for Digital India, says Prosus
1 day ago · The IPO has delivered $2.8 billion for Prosus' stake in Swiggy, pegging the return at over 2 billion, of which it has pared down $500 million in the initial public offering.
Prosus gains $2 billion on Swiggy investment with IPO valuation
1 day ago · Prosus’s India head Ashutosh Sharma said that Swiggy’s $1.3 billion offering to institutional investors was heavily oversubscribed, with “eight of the top ten fund managers worldwide ...
Prosus eyes PayU IPO in 2025 after stellar Swiggy listing
1 day ago · Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it described the market as a pillar Prosus aims to list fintech firm PayU in ...
Prosus sold shares worth R8.98bn in successful Swiggy IPO in India
13 hours ago · Swiggy listed its shares at ₹390 (R82. 83) per share during its IPO. The shares debuted at ₹420 on the NSE (National Stock Exchange of India) and ₹412 on the BSE, marking a premium of 7. 69% ...
Prosus, Tencent made billions of dollars in Swiggy IPO
1 day ago · Swiggy IPO: According to the company's draft red herring prospectus (DRHP), Prosus invested nearly Rs 9,055 crore ($1.07 billion) in the online food platform and made Rs 26,927 crore ($3.2 billion ...
Prosus gains $2 billion on Swiggy investment with IPO valuation
1 day ago · Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond Tencent. Prosus and Naspers Ltd. invested $1.3 billion for a 31% stake in Swiggy, which is aiming for an IPO valuation of …
Prosus Gains $2 Billion on Swiggy Investment with IPO Valuation
1 day ago · Prosus and its controlling shareholder Naspers Ltd. have invested $1.3 billion building a 31% stake in Swiggy ahead of its stock market debut in India on Wednesday. The food delivery firm is targeting an initial public offering valuation of up to $11.3 billion. Prosus will sell down shares in the IPO and retain 25% of Swiggy, similar to its ...
Prosus unlocks R36bn through Swiggy's India IPO, eyes PayU in …
1 day ago · Prosus, the consumer internet behemoth and Naspers subsidiary, says it unlocked $2 billion (about R36 billion) in value after the listing of Indian food delivery giant Swiggy on Wednesday. ... Prosus unlocks R36bn through Swiggy's India IPO, eyes PayU in 2025 Karl Gernetzky Comments Gift article. ... Join our free subscription trial to unlock ...
Prosus gains $2bn on Swiggy Investment with IPO valuation
1 day ago · Prosus’s India head Ashutosh Sharma said that Swiggy’s $1.3 billion offering to institutional investors was heavily oversubscribed, with “eight of the top ten fund managers worldwide ...
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