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3 mins read

Swiggy sets IPO price band between Rs 371-390/share; offer likely to open on November 6th. Here's all you need to know

The offer will conclude on November 8, and the listing is tentatively scheduled for November 13, 20…

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2 mins read

I'm still the CEO, management remains unchanged: Byju Raveendran

Edtech company Byju's founder Byju Raveendran on Saturday refuted reports of being fired from the c…

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2 mins read

Prosus terminates $4.7 bn deal to acquire BillDesk

Prosus NV, which owns PayU, has terminated a $4.7 billion (about Rs 38,400 crore) deal to acquire…

PTI   


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1 min read

From Tatas taking over Air India to Byju’s acquiring Aakash — here are the top acquisitions of 2021

Merger and acquisitions (M&A) in India reached a three year high after deals worth $90.4 billion we…

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1 min read

Prosus buys payment gateway firm BillDesk in one of India's biggest fintech deals ever

This is one of the biggest buyouts done by Prosus and one of the largest merger and acquisition …

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2 mins read

Urban Company raises $255 million at over $2 billion valuation, eyes global expansion

He added that Urban Company has raised about USD 330 million in primary capital till date. …

PTI   


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1 min read

Tencent falls nearly 8% after the firm's largest shareholder said it plans to sell $14.6 billion of its holdings

Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's la…

Will Daniel   


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1 min read

Prosus commits Rs 100 crore for PM's Covid relief fund

Prosus has invested around USD 5 billion (about Rs 37,900 crore) in Indian technology companies sin…

PTI   


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1 min read

Swiggy raises USD 113 mn from investors led by Prosus

"We have become synonymous with exceptional customer experience and created multiple growth avenue…

PTI   


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1 min read

Logistics startup ElasticRun raises $40 million to expand to new geographies

Pune-based logistics firm ElasticRun raised $40 million from Prosus Ventures, which was formerly ca…

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2 mins read

Swiggy IPO likely between November 6-8, 2024. Here's all you need to know

Notably, Swiggy's rival Zomato, which recently reported a staggering 389% YoY jump in its net profi…

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2 mins read

India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.

The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…

Shubhangi Goel   


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1 min read

BlackRock reduces Byju's valuation to mere $1 billion

Byju's did not immediately comment on the latest valuation cut. This isn't the first time BlackRock…

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1 min read

Byju's shareholders vote to remove CEO, family; company calls vote invalid

More than 60 per cent of shareholders of edutech Byju's on Friday voted for removal of founder CEO …

PTI   


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1 min read

Fidelity further marks down Meesho's valuation to $3.5 billion

Global investment firm Fidelity has further marked down the value of its holding in social commerce…

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1 min read

Key investors move NCLT against Byju's rights issue, firm says yet to get any petition

Edtech major Byju's on Friday said that it has not received any formal intimation of any petition b…

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1 min read

Cashify's losses surge nearly 50% to Rs 148 cr in FY23, revenue up 64%

The company's revenue from operations went up 63.9 per cent to Rs 816 crore in FY23 from Rs 498 cro…

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2 mins read

Byjus proposes sale of overseas units to repay $ 1.2 billion loan

Byju's hopes to garner between USD 800 million to USD 1 billion from the sale of Epic, the US-b…

PTI   


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1 min read

Swiggy appoints 3 independent directors to its Board

Swiggy on Monday announced it has appointed three independent directors to its Board - Mallika Srin…