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PROSUS INVESTMENT IN AI
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...
- Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...
- 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...
- Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
- Ixigo posts 8.5% rise in Q4 revenue, clocks profit of Rs 32 croreIxigo's parent, Le Travenues Technology, reported an 8.5% year-on-year increase in operating revenue to Rs 308 crore for the March quarter,...
- ETtech Deals Digest: Startups raise $790 million in second week of MayRapido's substantial $730 million funding round significantly boosted Indian startup investments this week, reaching approximately $790 mil...
- 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.
- Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...
- VCs double down on high-growth bets as select startups ratchet up steep valuationsIndian mid-stage startups are seeing significant valuation surges despite a broader funding slowdown, indicating a concentrated pool of hig...
- Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
- Deccan AI raises $25 million from A91 Partners, SIG, Prosus Ventures, eyes enterprise customersDeccan AI has raised $25 million in a round led by growth equity firm A91 Partners, with participation from Susquehanna International Group...
- AI startups feel war impact; Sarvam eyes unicorn clubHappy Wednesday! War-led uncertainty and a weaker rupee are beginning to impact growth plans for Indian AI startups. This and more in today...
- Six startups receive early-stage funding under Accel-Prosus partnershipProsus and Accel have invested in six early-stage Indian startups under their Atoms X programme, supporting ideas across air purification, ...
- Prosus bets big on Indian consumer enterprises, says its global head of AI and data scienceProsus -- majority owned by South African company Naspers -- is one of the biggest tech investors in the world. It has made investments in ...
- Prosus has invested $8.6 billion in India, remains a key market: CEO Fabricio BloisiProsus remains bullish on India, having invested $8.6 billion and seeing significant opportunities. Swiggy's successful IPO, where Prosus o...
- 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...
- 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...
- 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.
- 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...
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