Prosus Gains $2 Billion on Swiggy Investment with IPO Value
1 day ago · TCEHY. (Bloomberg) -- Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside ...
Swiggy IPO a success story for Digital India, says Prosus
1 day ago · Prosus and controlling shareholder Naspers had invested $1.3 billion for a 31% stake in Swiggy. The IPO has delivered $2.8 billion for Prosus' stake in Swiggy, pegging the return at over 2 billion ...
Prosus gains $2 billion on Swiggy investment with IPO valuation
1 day ago · With an anticipated $500 million gain from Swiggy's upcoming IPO, Prosus showcases its strategic investments beyond Tencent. Tencent Holdings Ltd.’s top backer Prosus NV said it has made more ...
Prosus eyes PayU IPO in 2025 after stellar Swiggy listing
1 day ago · Manish Singh. 6:36 AM PST · November 13, 2024. 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 ...
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 gains $2 billion on Swiggy investment with IPO valuation
1 day ago · Synopsis. 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 up to $11.3 billion in India. ETtech.
Swiggy delivers 17% surge in debut as investors bet on Indian …
1 day ago · Prosus says it made $2 bln on Swiggy investment; BENGALURU, Nov 13 ... Swiggy's IPO was oversubscribed by more than three-fold last week, ... the news and media division of Thomson Reuters, is the ...
Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing
1 day ago · Prosus has invested more than $8 billion in some of India’s best-known digital companies, including Swiggy, Urban Company, and Meesho, along with many promising early-stage startups. Swiggy’s IPO is the latest success story for Digital India.”. Some of Swiggy’s initial investors have seen returns of 3x to 35x since the company’s listing.
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
2 days ago · The food-delivery firm’s shares closed 17% higher than the offer price of 390 rupees, despite a broader market selloff. The listing valued the company just over $12 billion. The $1.3 billion ...
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 ...
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