Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...
15 May, 2026, 03.32 PM IST
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.
26 Mar, 2026, 07.43 PM IST
US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
12 Mar, 2026, 06.49 PM IST
Next phase of India’s growth will be defined by large-scale AI adoption: ReportIndia’s next growth stage will rely on disciplined execution and large-scale institutional adoption of AI, not simple access, says a white ...
17 Feb, 2026, 04.19 PM IST
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...
25 Nov, 2025, 09.18 AM IST
Rapido looks to close $550 million in financing as Swiggy ends rideOn Tuesday, Swiggy informed the stock exchanges that it is offloading its 11.8% holding in Rapido to Prosus and WestBridge Capital for abou...
24 Sep, 2025, 06.28 PM IST
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...
01 Nov, 2024, 12.48 PM IST
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...
12 Aug, 2024, 08.42 AM IST
Swiggy appoints Suparna Mitra as new independent directorSuparna Mitra joins three other independent directors on Swiggy’s board. Mitra is also the CEO of the watches and wearables division of Tit...
04 Apr, 2024, 04.00 PM IST
ED flags failure to submit papers, delays by Byju’s; HCL eyes Karnataka for chip facilityByju’s founder and chief executive Byju Raveendran could be in trouble after the Enforcement Directorate (ED) said he appears to be “guilty...
12 Dec, 2023, 04.49 PM IST
PayU’s global CFO Aakash Moondhra steps down“September 30, 2023 will be my last day at PayU/Prosus Fintech in the capacity of global CFO. It has been an extremely enriching and a grat...
28 Sep, 2023, 08.05 PM IST
Prosus undertakes internal reorganisation, appoints separate leaders for edtech and food deliveryAs part of the reshuffle, Larry Illg, who was acting as the chief executive of the combined segment (food delivery and edtech), will be ste...
21 Aug, 2023, 08.18 PM IST
Byju’s sighs, in relief; Prosus writes off ZestMoney investment; and BGMI’s India returnAfter a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transf...
28 Jun, 2023, 09.09 AM IST
Agritech startup DeHaat raises $60 million in Series E round co-led by Sofina, TemasekSofina Ventures and Temasek co-led the Series E funding, with other existing investors RTP Global Partners, Prosus Ventures and Lightrock I...
01 Dec, 2022, 01.24 PM IST
Karnataka blinks, allows app-based auto aggregators to charge 5% fee; ex-Nykaa CFO joins PayU IndiaThe Karnataka government on Friday announced that it has decided to allow app-based aggregators to charge a convenience fee of 5% to custom...
25 Nov, 2022, 08.38 PM IST
Former Nykaa CFO Arvind Agarwal to take over as chief financial officer of PayU IndiaConfirming the development, a PayU spokesperson said: “We are excited to welcome Arvind to our leadership team at this opportune time with ...
25 Nov, 2022, 07.19 PM IST
ShopUp gets $75 million from Peter Thiel's Valar Ventures, Prosus and othersThis is the first investment by Valar Ventures and Prosus Ventures in Bangladesh. Thiel, co-founder of PayPal and Palantir, ranks among Sil...
07 Sep, 2021, 06.33 AM IST