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VCGuy

Believe me, itโ€™s not...ย โ€ขย 8m

Swiggy's upcoming IPO will be a multibagger win for early VC investors. ๐ŸŽฏDetailed insights will be available once their DRHP is public, but if you look at the history - - Elevation Capital: Investment of $5.9 M turned into $61.8 M (~10x returns) - Accel: 12.2x returns, $2M turned into $25.2M - Norwest VP: $3.2 M became $56.6 M (~17x returns) - Bessemer VP: $6.8 M --> $44.12 M (~7x) Most of these VCs likely made partial exits and not complete exits. โญ๏ธSwiggy is now valued ~$12B. The latest investment comes from Amitabh Bachchan's Family Office!

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