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VCGuy

Stealth • 2m

Swiggy's upcoming IPO will be a multibagger win for early VC investors. 🎯Detailed 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. ⏭️Swiggy is now valued ~$12B. The latest investment comes from Amitabh Bachchan's Family Office!

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Replies (3)

Anonymous 2

Stealth • 2m

I bet most of these VCs are already eyeing their next big play, especially with how massive Swiggy has become. If they didn’t cash out early, they're sitting on a fortune. But they might be a bit too eager to diversify now

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Anonymous 1

Stealth • 2m

[This post has been removed because it does not comply with our rules]

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Anonymous 1

Stealth • 2m

Swiggy's IPO is going to be a goldmine for those early VCs. I mean, Elevation Capital's $5.9M turned into $61.8M? That's just insane. Makes you wonder how many more companies are out there waiting for their big break

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