Online food delivery platform Swiggy receives shareholders' approval for $1.2 billion IPO
Prosus, one of the key investors in the online food delivery platform, has around 32 per cent stake in Swiggy while SoftBank has around 8 per cent stake while VC firms Accel 6.2 per cent and Elevation Capital 4.4 per cent, according to Tracxn, a leading market intelligence platform.
Earlier this year, US-based investment company Invesco raised Swiggy's valuation to about $8.3 billion. Image: IANS