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The round would be a mix of primary and secondary transactions, including Swiggy’s stake sale
The primary component of the deal would be of $300 Mn, with Dutch investor Prosus looking to pump in $240 Mn to $250 Mn
This comes a day after Swiggy said that it would sign share purchase agreements to offload its stake in Rapido
Shortly after Swiggy’s board approved a proposal to sell its entire stake in Rapido
for $270 Mn (INR 2,400 Cr), the ride-hailing unicorn is now…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The round would be a mix of primary and secondary transactions, including Swiggy’s stake sale
The primary component of the deal would be of $300 Mn, with Dutch investor Prosus looking to pump in $240 Mn to $250 Mn
This comes a day after Swiggy said that it would sign share purchase agreements to offload its stake in Rapido
Shortly after Swiggy’s board approved a proposal to sell its entire stake in Rapido for $270 Mn (INR 2,400 Cr), the ride-hailing unicorn is now…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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