Bob van Dijk abruptly steps down as CEO of Prosus, parent NaspersProsus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...
Prosus undertakes internal reorganisation, appoints separate leaders for edtech and food deliveryAs part of the reshuffle, Larry Illg, who was acting as the chief executive of the combined segment (food delivery and edtech), will be ste...
Swiggy appoints Sahil Barua, Mallika Srinivasan, Shailesh Haribhakti as independent board directors“We’re very excited about bringing on Mallika Srinivasan, Shailesh Haribhakti, and Sahil Barua to Swiggy’s board of directors,” said CEO Sr...
The pain after the gain: grocery deliverers reshuffle after lockdown boomAs the COVID-19 pandemic kept consumers behind closed doors, investors poured billions into "quick commerce" grocery firms that pledged to ...
Ravi Shankar Prasad, Piyush Goyal to be guests at ET Startup AwardsIndia’s brightest minds, renowned investors and policymakers will gather online to honour some of the most impactful startups and entrepren...
ET Startup Awards 2020: Vedantu founders win Comeback Kid awardIngenuity in pulling off a pivot that is now the hallmark of Vedantu bagged them the award.
ET Startup Awards 2020: GV Ravishankar wins the Midas Touch award for best investorRavishankar's size and scale of return from capital deployed in firms made him the favoured pick.
ET Startup Awards 2020: It pays to be sustainable and profitableThe 10-member jury considered capital efficiency, the scale of ambition, potential for self-reliance and perseverance as key parameters as ...
Jury to pick brightest of Startup Inc todayTCS CEO Rajesh Gopinath-chaired panel to declare winners across 9 categories.
ET Startup Awards: Celebrating the best among Indian startupsThis year’s programme takes place against the backdrop of the Covid-19 pandemic that has resulted in death and suffering across the world.
Swiggy raises $113 million led by Naspers, valuation stays flat at $3.3 billionThe investment comes just a few weeks after rival Zomato acquired UberEats India. UberEats India has since then ceased to exist as a separa...
USD 600 million investment in Swiggy reflects commitment to multiple sectors in India: NaspersNaspers' investment made up the bulk of a USD 1 billion investment in Swiggy, announced on Thursday, that also included Chinese giant Tence...
With $1 b new money and $3.3 b valuation, Swiggy turns swaggyNaspers, Tencent among investors; food delivery co sixth most-valued pvt internet firm in India.
Swiggy raises mega $1 billion round, valuation swells to $3.3 billionExisting backer Naspers to lead the round which has seen the entry of new investors Tencent, Hillhouse Capital and Wellington Management
Swiggy to deliver a $300-million exit to investorsThe size of the investment round has ballooned to about $900 million on the back of unprecedented investor interest in India’s largest onli...
Naspers’ India appetite for food is far from done, says CEO Larry IllgWith over $2 billion invested in food delivery globally, South African media giant Naspers is only just getting warmed up in India.
Naspers bullish on food delivery, classifieds, fintech: Bob van DijkNaspers recorded a $2.2 billion exit from Flipkart, India’s largest domestic online retailer, post the latter’s acquisition by Walmart earl...