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Dutch firm Prosus invests in Rapido, Ixigo to expand India ecosystemProsus is boosting its investments in India. The Dutch firm is becoming a major shareholder in Rapido and Ixigo. These companies will join ...- Prosus intensifies India strategy, aims to replicate LatAm successProsus aims to deepen its B2C offerings and maximise cross-platform benefits in India by integrating Rapido and Ixigo with existing portfol...
- Prosus broadening India remit to back firms at all stagesSpeaking to ET after Prosus reported its half-yearly earnings, its India ecosystem head Ashutosh Sharma said the investor has the ability t...
- QSR deals cooking; Prosus on India betsHappy Tuesday! Investors are crowding around India’s fast-growing QSR chains. This and more in today’s ETtech Morning Dispatch.
- Prosus H1 report; New labour laws' impactGlobal investor Prosus discussed its India bets in the latest financial results. This and more in today's ETtech Top 5.
- Rapido leads India’s mobility market, says Prosus CEO Fabricio BloisiBengaluru's Rapido has emerged as India's top mobility player, according to Prosus CEO Fabricio Bloisi. The Dutch investor, increasing its ...
- Prosus surpasses financial targets with $7.4 billion annual earningsProsus reported a 47% rise in full-year core headline earnings to $7.4 billion. The company reported 21% growth in ecommerce revenue. "We a...
- 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...
- Fake news frenzy post Operation Sindoor; Porter’s unicorn roundFollowing India’s Operation Sindoor, social media platforms are battling fake content and disinformation. This and more in today’s ETtech T...
- 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...
- Prosus invests in Mintifi, Vastu Finance; eyes more India IPOs after Swiggy listingThe company revealed that it has secured 11% stake in supply chain finance firm Mintifi for approximately $80 million. It also acquired 8.4...
- 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...
- Groww’s $160 million tax payout; PhonePe’s losses fallDespite a significant growth in revenue, Groww posted a net loss in FY24. This and more in today’s ETtech Top 5.
- Prosus to boost ecommerce profit to $400 million for 2025 year“In fiscal year 2024, the group improved its ecommerce adjusted EBIT by more than $400 million, and our intent is to keep that pace up this...
- Exclusive: Prosus CEO on Byju’s & more; Zepto's valuation popHappy Monday! The newly appointed CEO of tech investor Prosus and parent company Naspers, Fabricio Bloisi spoke to us about its Byju’s writ...
- 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...
- Amazon’s q-comm move; green shoots for IT sectorHappy Monday! Amazon wants to catch up in the quick commerce race. We have a Monday AM scoop on the latest from the US ecommerce major in t...
- Prosus CEO Fabricio Bloisi landing in August to take stock of businessFabricio 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...
- 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...
- 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...
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