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Economic Times
1d
751
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Prosus gains $2 billion on Swiggy investment with IPO valuation
- Prosus NV has made more than $2 billion on its Swiggy investment.
- Prosus and Naspers have invested $1.3 billion in Swiggy, targeting an IPO valuation of up to $11.3 billion.
- Prosus will sell down shares in the IPO and retain 25% of Swiggy.
- Prosus continues to focus on sectors such as online food, classifieds, payments, and fintech.
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