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PROSUS GROUP CEO
Retail investors’ bond rush; Rapido’s angels exitHappy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts. This and more in today’s ETtech ...- BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- 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...
- Ixigo acquires majority stake in hotels brand Brevistay for Rs 66 croreGurugram-based Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, significantly strengthening its hotels busi...
- 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...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- 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.
- Swiggy cofounder Nandan Reddy to leave companySwiggy cofounder and head of innovation Nandan Reddy will step down from his role and vacate his board seat. Reddy, who cofounded Swiggy wi...
- Prosus will offer Brazilians access to tech giants via BDRsIts BDR listing will allow Brazilian investors to gain exposure to several local companies, such as iFood, the travel booking platform Deco...
- Prosus chief investment officer Ervin Tu to step downProsus' vision and strategy has changed significantly over the past 10 months under CEO Fabricio Bloisi, transforming the company from an 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...
- Swiggy, Meesho investor Prosus and parent Naspers name Fabricio Bloisi as CEOFabricio Bloisi appointed chief executive of Prosus and Naspers, succeeding Bob van Dijk. Bloisi, current CEO of iFood, a food delivery bus...
- 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...
- Expect PayU India to be IPO-ready by H2 2024: Prosus interim CEO“We are growing very well not only on payments but on the credit side too,” Ervin Tu said. In his view, the public markets in India are ver...
- Anirban Mukherjee appointed PayU CEO as Le Moal steps backWith the elevation of Mukherjee, his predecessor Laurent Le Moal, who has been the global CEO of PayU since 2016, will step back from opera...
- Bob van Dijk abruptly steps down as CEO of Prosus, parent NaspersProsus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...
- Exclusive: Market opportunities justify money floating around for Indian startups, says Prosus group CEOIf you want to get to scale, you are better off joining forces and doing an M&A, says Bob van Dijk
- Exclusive: Even later-stage investors can get hefty returns in India, says Naspers CEO Bob van DijkThe investment firm is convinced of the Indian market's potential to deliver hefty returns to even later-stage investors like the South Afr...
- Prosus to sell 2% stake in Tencent worth $15 billionProsus, majority-owned by Naspers of South Africa, said the sale would lower its stake in Tencent to 28.9% from 30.9%.
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