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PROSUS INDIA ECOSYSTEM
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.- AI Wants to Answer Your Phone Now: Equal AI’s $30 Million Bet on the Future of Call Screening in IndiaIndian startup Equal AI has raised $30 million to expand its AI-powered call screening platform that answers and filters calls on users' be...
- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- Six startups receive early-stage funding under Accel-Prosus partnershipProsus and Accel have invested in six early-stage Indian startups under their Atoms X programme, supporting ideas across air purification, ...
- Dutch firm Prosus invests in Rapido, Ixigo to expand India ecosystemProsus is boosting its investments in India. The Dutch firm is becoming a major shareholder in Rapido and Ixigo. These companies will join ...
- Prosus intensifies India strategy, aims to replicate LatAm successProsus aims to deepen its B2C offerings and maximise cross-platform benefits in India by integrating Rapido and Ixigo with existing portfol...
- Prosus broadening India remit to back firms at all stagesSpeaking to ET after Prosus reported its half-yearly earnings, its India ecosystem head Ashutosh Sharma said the investor has the ability t...
- Prosus doubles half-year core profit amid e-commerce pivotProsus reported a 99% surge in adjusted half-year core profit, reaching $423 million, driven by strong digital services and e-commerce perf...
- Rapido leads India’s mobility market, says Prosus CEO Fabricio BloisiBengaluru's Rapido has emerged as India's top mobility player, according to Prosus CEO Fabricio Bloisi. The Dutch investor, increasing its ...
- Accel, Prosus team up for early-stage investments in IndiaLeading tech investor firms Prosus and Accel have teamed up to bolster India's dynamic early-stage startup landscape. This collaborative ef...
- Prosus doubles stake in Urban Company ahead of $1.8 billion IPOProsus NV, buoyed by its Tencent success, has significantly increased its stake in Urban Company to 7.35%, becoming a major shareholder ahe...
- Prosus doubles stake in Urban Company ahead of $1.8 billion IPOProsus NV, fueled by its Tencent success, has significantly increased its stake in Urban Co. to 7.35% ahead of its IPO, investing $139 mill...
- Dutch investor Prosus pegs IPO-bound Urban Company’s fair value at $2.4 billionProsus has valued Urban Company at $2.4 billion in its FY25 report, ahead of the startup’s Rs 1,900 crore IPO. Other Prosus-backed firms, i...
- ETtech Exclusive | Closing new deals in India despite Byju's debacle: Prosus CEO Fabricio BloisiFabricio Bloisi, CEO of Prosus and Naspers, affirmed continued investment in Indian startups despite a $500 million loss from Byju's. Highl...
- Expect further corrections in startup valuations: Prosus CEO Bob van DijkThe froth of the low-interest rate regime hasn’t fully been washed away and the startup ecosystem is likely to see valuations drop further,...
- Former Nykaa CFO Arvind Agarwal to take over as chief financial officer of PayU IndiaConfirming the development, a PayU spokesperson said: “We are excited to welcome Arvind to our leadership team at this opportune time with ...
- Prosus reports strong growth in Swiggy, Instamart, PayU in 2022The figures for Swiggy are from January to June, while PayU’s are from April to September; Prosus has also changed its accounting policy fo...
- Don’t let vested interests stifle innovation: Prosus CEOProsus CEO Bob van Dijk's statement comes at a time when the DPIIT is looking into online food delivery companies like Zomato and Swiggy, w...
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