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PROSUS VENTURES INVESTMENT
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...
- Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
- 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...
- Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...
- 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...
- Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
- ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...
- Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
- Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...
- VCs double down on high-growth bets as select startups ratchet up steep valuationsIndian mid-stage startups are seeing significant valuation surges despite a broader funding slowdown, indicating a concentrated pool of hig...
- 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, ...
- Prosus' arm seeks CCI nod for raising stake in RapidoIn a filing with the competition regulator, MIH Investments One BV said the stake acquisition in Roppen Transportation Services (Rapido) "w...
- TVS Motor to divest Rapido stake to Accel, Prosus for Rs 288 croreTVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This...
- Prosus in talks to lead new funding in fintech Jar; ups ante in new deal-makingProsus nears a deal to lead a $50 million funding round in Indian fintech Jar, marking its third major fintech investment this year. This f...
- Prosus elevates Ashutosh Sharma to lead India, Southeast Asia marketAshutosh Sharma appointed by Prosus to lead investments in India and Southeast Asia. He will report to interim CEO Ervin Tu and focus on ne...
- 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...
- 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,...
- Prosus Ventures may join funding round of ex Myntra CEO’s new fashion startupYet to be launched, Virgio, maybe valued at over $150 million, launch likely later in Sept.
- Prosus in talks to put $200 million into PharmEasyProsus is expected to get a double-digit stake in PharmEasy's parent. Private equity major TPG Capital is also picking up about 7% stake in...
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