Swiggy plans to sell its stake in Rapido to Prosus and WestBridge Capital. The sale aims to address Swiggy's balance sheet concerns. JM Fin...

Urban Company’s founders Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, who sold Rs 780 crore worth of shares through secondary dea...

Prosus has valued Urban Company at $2.4 billion in its FY25 report, ahead of the startup’s Rs 1,900 crore IPO. Other Prosus-backed firms, i...

Happy Tuesday! Flipkart and Swiggy up the quick commerce ante. This and more in today’s ETtech Morning Dispatch.

While existing shareholders sold stocks worth Rs 6,400 crore in the offer-for-sale (OFS) to book a big profit on their investments, the 17%...

Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond T...

Swiggy's largest investor, Prosus, plans to offload a 5% stake in the company's upcoming IPO, potentially realizing over $500 million. Othe...

Jewellery retailer Bluestone has completed a Rs 900-crore financing round, increasing its valuation to $970 million. The Accel-backed firm ...

Fabricio Bloisi, CEO of Prosus and Naspers, affirmed continued investment in Indian startups despite a $500 million loss from Byju's. Highl...

Eight to ten months ago, discussions about a potential investment by Flipkart in Swiggy, two of India's biggest internet companies in the c...

HSBC, in a research note dated May 21, nearly halved the valuation estimate for B2B company Elastic Run, pushing its valuation below the $1...

While Swiggy prepares to file its IPO papers, New Delhi-based wearables and audio accessory brand Boat is likely to reconsider its plan to ...

Technology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...

The company said earnings from consolidated businesses in the second half of the year had been stronger than in the first six months, and t...

The figures for Swiggy are from January to June, while PayU’s are from April to September; Prosus has also changed its accounting policy fo...

Prosus will pay 1.5 billion euros in cash and up to 300 million euros more for Takeaway's 33% stake in iFood.

Prosus, majority-owned by Naspers of South Africa, said the sale would lower its stake in Tencent to 28.9% from 30.9%.