Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...
11 Oct, 2025, 12.25 PM IST
Swiggy shares in focus after Rs 2,399 crore stake sale in Rapido, Instamart slump saleSwiggy's board has approved the sale of its stake in Rapido. The sale will be to MIH Investments One B.V. and Setu AIF Trust. The total val...
24 Sep, 2025, 08.45 AM IST
Accel India-backed BlueStone Jewellery and Lifestyle files DRHP for IPOBlueStone Jewellery IPO: BlueStone Jewellery and Lifestyle has filed for an IPO to raise Rs 1,000 crore through a fresh issue and an offer ...
12 Dec, 2024, 06.21 PM IST
Swiggy sets IPO price band between Rs 371-390 per shareThe Rs 11,300 crore IPO, one of the largest in India this year, is likely to open on November 6. The offering will include a secondary sale...
29 Oct, 2024, 12.26 PM IST
Swiggy IPO valuation at $11.2 billion; BlackRock, CPPIB, SBI MF, others subscribe to anchor bookSwiggy is gearing up for its IPO valued at $11.2 billion. The IPO will include a substantial secondary share sale by existing investors lik...
29 Oct, 2024, 12.09 PM IST
Investors leaving board was biggest setback; Byju's now worth zero: founder RaveendranThe founder of the once-most-valued Indian startup said investors threw Byju’s under the bus at the first sign of crisis. While sounding op...
17 Oct, 2024, 08.45 PM IST
Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondariesSwiggy's largest investor, Prosus, plans to offload a 5% stake in the company's upcoming IPO, potentially realizing over $500 million. Othe...
27 Sep, 2024, 09.34 PM IST
Byju's insolvency case: NCLT rejects US lenders' plea to stop CoC proceedingsThe Bengaluru bench of NCLT said it cannot stop the Committee of Creditors (CoC) meetings, as the apex court has allowed its constitution. ...
04 Sep, 2024, 03.36 PM IST
Malabar Gold Diamonds announces to invest Rs 1,000 cr and generate 4,000 jobs in Maharashtra by FY25Jewellery retailer Malabar Gold & Diamonds has announced plans to invest Rs.1,000 crore ($138 million) and create 4,000 jobs in Maharashtra...
28 Sep, 2023, 05.44 PM IST
Foxconn may set up EV factory in India this yearThis marks the first instance where Foxconn has explicitly stated its plans to further its EV manufacturing ambitions in India.
16 Jun, 2023, 06.00 AM IST
Foxconn races to become an EV player and the clock is tickingThe Taiwanese contract manufacturer faces competition in the market for creating white-label EVs that can be tailor-made for clients, wheth...
06 Mar, 2023, 09.11 AM IST
Foxconn electric vehicle alliance plans boxy three-seaterBetting on strong demand in Asian markets for smaller electric cars, MIH Consortium plans to build its first car, which it calls Project X,...
08 Nov, 2022, 03.15 PM IST
Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portalChinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
27 Apr, 2019, 11.48 AM IST
MakeMyTrip set to raise $330 million in the biggest round of fundingThe Gurgaon-headquartered company will also issue 916,666 ordinary shares to Chinese travel operator Ctrip.com International at a price of ...
04 May, 2017, 12.27 AM IST
Ibibo Group buys minority stake in cloud-based hotel services DjuboThe company is majority-owned by South Africa-headquartered internet and media group Naspers, which also an investor in Flipkart.
28 Aug, 2015, 02.59 PM IST
- PayU eyes $ 70 million revenue from its platform for making online transactions in 3 years
The Naspers MIH-owned company offers gateway for payment through credit cards, debit cards and netbanking.
20 Dec, 2012, 08.04 PM IST
- Cash-strapped Flipkart raises $150 million
Nasper is leading $150-million investment in online retailer Flipkart, a deal which is said to secure the company's finances for next three...
25 Aug, 2012, 09.33 AM IST