Tencent Exits Swiggy by Selling Entire Shareholding for 104 Million Dollars

Tencent Holdings has officially exited <b>Swiggy Limited</b> by executing a major block trade of its entire shareholding. The tech giant sold 54.3 million shares for approximately <b>104 million dollars</b> in this high-profile transaction. Touchstone Partners served as the legal advisor to Tencent on this block trade. The transaction was successfully led by Partner Sameeksha Chowla alongside Associate Mahak Goyal. Managing Partner Karam Daulet-Singh provided crucial support throughout the entire deal process. This strategic exit marks a significant financial development involving two major industry players. The successful execution highlights active corporate legal maneuvering in the ongoing market landscape.