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Swiggy IPO marks significant milestone for Prosus in India
Swiggy's IPO marks a significant achievement for both the company and Prosus, highlighting a milestone for digital commerce in India. Prosus, a major global technology investor, invested $1.3 billion for a 31% stake in Swiggy, which is now valued at over $2 billion, potentially yielding more than $500 million from the IPO.