Dutch technology investor Prosus aims to grow ecommerce revenueDutch tech investor Prosus aims to grow its ecommerce revenue to $7.3–$7.5 billion and adjusted EBITDA to $1.1–$1.2 billion in FY2026. In F...
25 Jun, 2025, 02.05 PM IST
Swiggy GOV growth came at the cost of profitability: ProsusSwiggy invested heavily in building quick commerce capacity to tackle competition from Zomato’s Blinkit and Zepto. During the March quarter...
23 Jun, 2025, 07.52 PM IST
Prosus surpasses financial targets with $7.4 billion annual earningsProsus reported a 47% rise in full-year core headline earnings to $7.4 billion. The company reported 21% growth in ecommerce revenue. "We a...
23 Jun, 2025, 12.44 PM IST
Groww’s $160 million tax payout; PhonePe’s losses fallDespite a significant growth in revenue, Groww posted a net loss in FY24. This and more in today’s ETtech Top 5.
21 Oct, 2024, 07.57 PM IST
Prosus writes off investment in Byju's marking $493 million lossProsus writes off 9.6% stake in Byju's worth $493 million due to value decrease as per HSBC note. Also marks investment in Primrose Hill (Z...
11 Aug, 2024, 05.41 PM IST
Prosus writes off Byju's stake; Swiggy, PayU India report cardDutch investment major Prosus said its investment in Byju’s is worth zero. This and more in today’s ETtech Top 5.
24 Jun, 2024, 08.33 PM IST
Swiggy’s revenue up 24% in calendar year 2023; quick commerce unit economics improve: ProsusProsus, the largest shareholder in Swiggy, reported a 24% revenue growth for the year ended March 31, 2024, with Swiggy's gross order value...
24 Jun, 2024, 05.15 PM IST
Delhivery slides back to losses; Prosus names new CEOLogistics startup Delhivery fell back into the red for the March quarter but managed to narrow its losses on a year-on-year basis. This and...
17 May, 2024, 08.41 PM IST
Exclusive: Top-deck shuffle at Amazon India; social media firms and anti-deepfake toolsAmazon has started significant top-level restructuring of its India management team under vice president and country head Manish Tiwary.
01 Dec, 2023, 07.42 AM IST
Focus back on growth over profitability; no consumption slowdown yet: Swiggy's Rohit KapoorKapoor, who was the global chief marketing officer at Oyo before joining Swiggy last August, told ET that both growth and profitability are...
12 Jul, 2023, 11.00 AM IST
Infosys growing on a solid foundation, says Nandan Nilekani; Byju’s awaits entire amount from Davidson KempnerIndian tech services bellweather Infosys is not only growing on a “solid foundation” on the back of large deal wins, but is equally poised ...
29 Jun, 2023, 07.53 AM IST
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,...
28 Jun, 2023, 04.01 PM IST
Prosus reports 80% jump in Swiggy's Jan-Dec loss, 26% growth in food-delivery GMVProsus, which has backed companies such as Byju’s, PharmEasy and Eruditus, holds a 33% stake in Bengaluru-based Swiggy.
27 Jun, 2023, 05.43 PM IST
South African tech investor Naspers' profit slumps on lower Tencent contributionNASPERS-S.Africa tech investor Naspers' profit slumps on lower Tencent contribution
27 Jun, 2023, 02.31 PM IST
Prosus-backed PayU to acquire Indian payments gateway firm BillDesk for $4.7 billionThis will be one of the largest acquisitions in India’s digital payments space and by far the biggest move to consolidate the fast-growing ...
01 Sep, 2021, 11.40 AM IST
BillDesk cofounder on Prosus deal; pre-IPO boost for PaytmBillDesk, the Indian fintech firm that predates the word 'fintech', will soon be acquired by global tech investor Prosus in a $4.7 billion ...
01 Sep, 2021, 09.00 AM IST
RTP Global, Prosus lead DeHaat's $30 million funding roundExisting investors Sequoia Capital India, Dutch entrepreneurial development bank FMO, Omnivore and AgFunder also participated in this round.
19 Jan, 2021, 11.52 AM IST