Prosus gains over $2 billion on Swiggy investment
Investment firm Prosus said it gained over $2 billion on its Swiggy investment, which made its stock market debut on Wednesday. Prosus and its controlling shareholder Naspers had invested around $1.3 billion for a 31% stake in Swiggy. Prosus sold shares worth about $510 million in the IPO but will continue to retain a 25% stake in the company.