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Prosus eyes 5 more IPOs in 18 months

Times of India LogoTimes of India1d ago

Prosus eyes 5 more IPOs in 18 months - Times of India

Quick Summary:

MUMBAI: After Swiggy's bumper listing on the bourses last month, Prosus is eyeing more initial public offerings in India, a market where it has invest.

Prosus made gains of over $2 billion on its total investment in Swiggy and is the largest shareholder in the startup with a stake of over 20%.

Fintech firm PayU is owned by Prosus."We started in India in the right time.


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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 07:40:08 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 353 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24069582

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About Times of India

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Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 13 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 23 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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