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Prosus will offer Brazilians access to tech giants via BDRsIts BDR listing will allow Brazilian investors to gain exposure to several local companies, such as iFood, the travel booking platform Deco...
Prosus wins conditional EU antitrust nod for Just Eat Takeaway dealProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
Byju’s auditor Deloitte Haskins resigns citing delay in FY22 financial statement, edtech names replacementAuditor says delay in submitting accounts would have "significant impact" on their ability to plan, design, perform and complete the audit.
B2B travel booking site TBO.com plans Rs 1,500-2,000 crore IPOB2B travel booking website TBO.com is preparing to launch an initial public offering (IPO) of shares to raise Rs 1,500-2,000 crore and coul...
SoftBank breaks profit recordsIn today's ETtech Top 5 newsletter: SoftBank has clocked the highest ever profits for a Japanese firm, eBay taps into the phenomenon that i...
January records PE investments worth $2.5 billion: ReportIn terms of number of PE/VC investments January 2020 was at par with January 2019.
India remains the No 1 focus for Naspers: Group CEO Bob van DijkSouth African firm has ploughed $4 billion into India over past five years, making it the second largest internet investor after SoftBank.
CCI approves Ctrip acquisition of 42.5% stake in MakeMytripThe transaction values MMT at over $2.57 billion based on Ctrip share price early on Tuesday.
Byju’s buys US learning platform Osmo for $120 millionWith its fifth & largest acquisition, Byju’s said it wants to tap Osmo’s physical-to-digital technology and content to expand its current o...
Selling part of Byju’s stake may land Sequoia Capital $190mVC fund sold 7% of its share, one of the largest exits clocked by it in the recent past.
Byju’s begins new chapter as world’s top education tech companyRaises $540 million at likely valuation of $3.6 billion; 38% stake of three founders now worth $1.29 billion.
Naspers and CPPIB back Byju's, valuation jumps to $3.6 billionThe round is being led by Naspers Ventures, the venture arm of South African media giant best known for its early bet on China's Tencent.
Alibaba, Tencent, SoftBank corner Amazon and Uber to become the biggest allies of India’s digital entrepreneursThe moves undertaken by local and global internet players clearly indicate that the strong are getting stronger in the Indian internet ecos...
Here's how 2017 has been a roller coaster ride for Indian startupsThe year began and is ending on a high note for SoftBank, with its decision to invest in India through Vision Fund in January to sealing a ...
With investments in Flipkart, Ola, Asia's tech scene gets a new Warren Buffett at TencentLike SoftBank and Naspers, Tencent has been on an acquisition spree, spending some $50 billion on stakes in companies from Flipkart to Ola.
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 ...
Cloud-based startup DJUBO launches hotel reputation management tool STARSIGHTSTARSIGHT has the ability to analyse top 'Burning issues' for every property and 'Commendable areas'.
Nexus Venture Partners in talks with partners to raise up to Rs 2,490 crore for new fundThe $400-million fund will be the secondlargest India-focused fund to be raised since Sequoia Capital India raised $530 million early last ...
South Africa’s Naspers may acquire RedBus; deal values bus ticket website at $100 mnNaspers may pay a rich valuation for RedBus — almost ten times its $10-million net revenue — given that the latter is a strong leader in do...
- MIH gets Kashyap as CEO for Net ops
As the overall head for the company's operations in India, Ashish will help create an organisation focused on building and operating cuttin...