TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
10 Apr, 2026, 07.59 PM IST
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...
25 Nov, 2025, 09.18 AM IST
Swiggy doubled operating loss in H1 on quick commerce spends: ProsusBetween April-September 2025, the Instamart parent saw its adjusted earnings before interest, taxation, depreciation, and amortisation (Ebi...
24 Nov, 2025, 05.46 PM IST
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...
24 Nov, 2025, 03.10 PM IST
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 ...
24 Nov, 2025, 02.46 PM IST
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
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
Prosus invests in Mintifi, Vastu Finance; eyes more India IPOs after Swiggy listingThe company revealed that it has secured 11% stake in supply chain finance firm Mintifi for approximately $80 million. It also acquired 8.4...
02 Dec, 2024, 05.36 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
Working to improve edtech returns: Ervin Tu, interim CEO of Byju’s investor ProsusThe comments come after Ervin Tu said on Wednesday that Prosus had marked down the valuation of embattled edtech Byju’s below $3 billion. I...
30 Nov, 2023, 07.50 PM IST
Byju’s valuation below $3 billion; company facing challenges: Prosus interim CEOLate last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holdin...
29 Nov, 2023, 07.13 PM IST
Prosus reports $2 billion in core earnings, sees ecommerce profitability earlierCore headline earnings for the six months ended September 30 were $2 billion, from $1.1 billion in the same period a year earlier, in line ...
29 Nov, 2023, 12.56 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
Dutch tech investor Prosus to end cross-holding with parent NaspersThe cross-holding had been set up in 2021 via a share swap deal under which Prosus issued new shares to buy a 45.4% stake in Naspers, effec...
27 Jun, 2023, 03.49 PM IST
Tech investor Prosus flags sharp drop in full-year profitThe company said earnings from consolidated businesses in the second half of the year had been stronger than in the first six months, and t...
14 Jun, 2023, 12.44 PM IST
Naspers banks on ecommerce boom post pandemic for growthNaspers benefited during the lockdown as more people shifted online for shopping, food, making payments, or learning.
23 Nov, 2020, 06.52 PM IST