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...
19 Sep, 2023, 12.06 AM IST
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...
21 Aug, 2023, 08.18 PM IST
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...
06 Feb, 2023, 02.26 PM IST
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 ...
08 Jun, 2022, 09.20 PM IST
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...
13 Jan, 2021, 05.33 AM IST
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.
24 Aug, 2020, 12.58 PM IST
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.
24 Aug, 2020, 10.10 AM IST
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 ...
24 Aug, 2020, 08.56 AM IST
Jury to pick brightest of Startup Inc todayTCS CEO Rajesh Gopinath-chaired panel to declare winners across 9 categories.
20 Aug, 2020, 07.42 AM IST
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.
14 Aug, 2020, 10.09 AM IST
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...
20 Feb, 2020, 07.53 AM IST
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...
21 Dec, 2018, 07.05 PM IST
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.
21 Dec, 2018, 10.17 AM IST
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
20 Dec, 2018, 02.21 PM IST
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...
14 Nov, 2018, 09.45 AM IST
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.
02 Nov, 2018, 11.07 AM IST
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...
14 Sep, 2018, 08.14 AM IST