Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond T...

Prosus writes off 9.6% stake in Byju's worth $493 million due to value decrease as per HSBC note. Also marks investment in Primrose Hill (Z...

Fabricio Bloisi, who was appointed CEO of Prosus in May, will be in New Delhi and Bengaluru meeting some of the top portfolio firms like Sw...

Fabricio Bloisi appointed chief executive of Prosus and Naspers, succeeding Bob van Dijk. Bloisi, current CEO of iFood, a food delivery bus...

Ashutosh Sharma appointed by Prosus to lead investments in India and Southeast Asia. He will report to interim CEO Ervin Tu and focus on ne...

Byju’s founder and chief executive Byju Raveendran could be in trouble after the Enforcement Directorate (ED) said he appears to be “guilty...

Amazon has started significant top-level restructuring of its India management team under vice president and country head Manish Tiwary.

The company has slightly narrowed its EBITDA loss to Rs 558 crore in the period, against Rs 572 crore a year ago, the statement added.

Tata Technologies made a blockbuster debut on the stock markets today, listing at an impressive premium of 140% over its IPO price of Rs 50...

The comments come after Ervin Tu said on Wednesday that Prosus had marked down the valuation of embattled edtech Byju’s below $3 billion. I...

Technology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...

Late last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holdin...

“We are growing very well not only on payments but on the credit side too,” Ervin Tu said. In his view, the public markets in India are ver...

With the elevation of Mukherjee, his predecessor Laurent Le Moal, who has been the global CEO of PayU since 2016, will step back from opera...

Prosus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...

The 26% stake in Tencent, valued at around $100 billion, forms the bulk of the value of both companies.

Prosus NV is exploring potential divestments from its emerging-markets financial technology company PayU, according to people familiar with...