Thakar oversaw Prosus’ investments in companies such as OLX Brazil, Takealot in South Africa, Stack Overflow and Brainly in the US, Goodhab...

Prosus 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...

Fabricio Bloisi, who was appointed CEO of Prosus in May, will be in New Delhi and Bengaluru meeting some of the top portfolio firms like Sw...

The case relates to unpaid dues of Rs 158 crore payable to BCCI for sponsorship rights. The troubled edtech firm will knock on the doors of...

This comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any i...

Fabricio Bloisi appointed chief executive of Prosus and Naspers, succeeding Bob van Dijk. Bloisi, current CEO of iFood, a food delivery bus...

Ashutosh Sharma appointed by Prosus to lead investments in India and Southeast Asia. He will report to interim CEO Ervin Tu and focus on ne...

Tata Technologies made a blockbuster debut on the stock markets today, listing at an impressive premium of 140% over its IPO price of Rs 50...

The comments come after Ervin Tu said on Wednesday that Prosus had marked down the valuation of embattled edtech Byju’s below $3 billion. I...

Late last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holdin...

Prosus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...

As part of the reshuffle, Larry Illg, who was acting as the chief executive of the combined segment (food delivery and edtech), will be ste...

Investment firm pledges to work with other shareholders and government authorities to safeguard the long-term interests of Byju’s and its s...

The 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, earlier Naspers, owns little over 9% in Byju’s and readjusted the fair value of its investment in the firm to $493 million as of Ma...

“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...

With the latest investment, the company’s valuation has jumped to over $800 million, sources said, making the executive education firm amon...