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PROSUS INVESTMENT
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led NaviCompetition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in Indi...- CCI clears five major deals across food, energy, fintech and telecom sectorsCCI has granted approval for five significant business transactions in sectors like food services and renewable energy. The merger of Sapph...
- AI startup Simplismart in talks to raise $40-50 million; valuation may tripleSimplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially...
- ElevenLabs CEO on AI slowdown; Prosus dials up fintech betsHappy Wednesday! ElevenLabs CEO Mati Staniszewski weighs in on the AI slowdown debate. This and more in today’s ETtech Morning Dispatch.
- Prosus steps up India fintech bets with Kiwi, Oolka funding talksProsus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Inte...
- Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
- Ecommerce's festive push; Vertex's AI betsHappy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning...
- Arivihan raises $10 million from Prosus, Accel to expand AI tutoringCofounder and chief executive Ritesh Singh Chandel told ET that Arivihan will use the funds to cover almost all state boards by year-end, e...
- Prosus in talks to invest Rs 150 crore in Swiggy Instamart challenger BazaarNowBazaarNow, founded by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, sells groceries and daily essentials, focu...
- SC refuses UPI MDR stay; Nvidia unveils tools for rogue AIThe Supreme Court has refused to stay MDR on select UPI transactions and sought Centre’s response. This and more in today’s ETtech Top 5.
- Enterprise AI startup Ema raises $77 million led by CreaegisFounded in 2023 by former Coinbase chief product officer Surojit Chatterjee and Souvik Sen, Ema builds AI employees for enterprise function...
- Inside Furlenco’s IPO; Moneyview investors make bankHappy Tuesday! Furlenco is heading to Dalal Street for a potential Rs 1,200 crore IPO. This and more in today’s ETtech Morning Dispatch.
- Delivery app iFood to invest $4.7 billion in Brazil through March 2027The company will direct spending across four areas: strengthening restaurant operations, expanding new delivery categories such as pharmaci...
- Late-stage funding squeeze; ISRO opens up spaceHappy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. Th...
- India’s late-stage funding crunch shrinks cheques, cuts valuationsThe squeeze in late-stage funding remains prevalent in India, showing no signs of reversing. Late-stage startup funding fell 38% year-on-ye...
- VCs step up wealthtech bets as retail, affluent investor pools expandVenture capital firms are increasing bets on wealthtech startups as demand grows for savings, fixed-income and wealth management products. ...
- ETtech Deals Digest: Navi leads weekly funding as startups raise $221 millionIndian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansal-founded Navi’s $100 million fund...
- The Economic Times Startup Awards 2026: Nominees for Woman Ahead and Social EnterpriseHappy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awar...
- Prosus invests $100 million in Navi at $1.3 billion valuationThe announced Prosus investment is smaller than the funding amount initially under discussion. The deal also builds on a longstanding assoc...
- Investor that had a 3,700% return on Tencent sets sights on IndiaFabricio Bloisi, new CEO of Naspers and Prosus, aims to double the company's value in four years by focusing on strong team culture and inn...
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