2
SUMMARY
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…
