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Prosus Nets $2 Bn From Total Investment In Swiggy
- Global investment giant Prosus has earned $2 Bn from its total investment in Swiggy.
- Prosus sold shares worth $500 Mn as part of Swiggy's IPO, making over 3X returns on its investment.
- Prosus retains a 25% stake in Swiggy following the IPO.
- Swiggy's public debut comes as it faces competition from rivals like Zomato and intensifying competition from Reliance Retail and Flipkart.
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