<ul><li>Days before Swiggy filed its updated draft red herring prospectus (DRHP) with SEBI, its founder Sriharsha Majety and some of the investors sold shares worth INR 670 Cr.</li><li>Swiggy's cofounder and group CEO Sriharsha Majety sold equity shares to Torroz Fintech, pocketing INR 23 Cr.</li><li>Torrroz Fintech also bought shares from Swiggy's investor Norwest Ventures and Strootaay Unlisted Brokers acquired shares from Elevation Capital.</li><li>Other investors, including Ark India FoodTech and Moksh Capital Partners, also sold shares ahead of Swiggy's IPO.</li></ul>

Swiggy’s Sriharsha Majety, Investors Sold Shares Worth INR 670 Cr Ahead Of IPO

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