{"id":860508,"date":"2024-09-27T08:49:48","date_gmt":"2024-09-27T03:19:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=860508"},"modified":"2024-09-27T08:52:27","modified_gmt":"2024-09-27T03:22:27","slug":"swiggy-ipo-accel-prosus-elevation-alpha-wave-to-sell-part-stakes","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/27\/swiggy-ipo-accel-prosus-elevation-alpha-wave-to-sell-part-stakes\/","title":{"rendered":"Swiggy IPO: Accel, Prosus, Elevation, Alpha wave to sell part stakes"},"content":{"rendered":"<p>Swiggy&#8217;s early investors including Accel, Alpha Wave, Elevation Capital and Prosus are selling some of their stake under the offer for sale option in the food delivery startup&#8217;s upcoming initial public offering, its draft red herring prospectus indicated. <\/p>\n<p>While the others include Norwest and Tencent, the IPO involves a combination of fresh issue of equity shares worth \u20b93,750 crore and an offer-for-sale of 185,286,265 equity shares by the existing shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy&#8217;s early investors including Accel, Alpha Wave, Elevation Capital and Prosus are selling some of their stake under the offer for sale option in the food delivery startup&#8217;s upcoming initial public offering, its draft red herring prospectus indicated. While the others include Norwest and Tencent, the IPO involves a combination of fresh issue of equity shares worth \u20b93,750 crore and an offer-for-sale of 185,286,265 equity shares by the existing shareholders.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-860508","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=860508"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860508\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=860508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=860508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=860508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}