TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
10 Apr, 2026, 07.59 PM IST
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...
04 Apr, 2026, 09.59 AM 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
Prosus doubles half-year core profit amid e-commerce pivotProsus reported a 99% surge in adjusted half-year core profit, reaching $423 million, driven by strong digital services and e-commerce perf...
24 Nov, 2025, 03.10 PM IST
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 ...
24 Nov, 2025, 02.46 PM IST
Accel, Prosus team up for early-stage investments in IndiaLeading tech investor firms Prosus and Accel have teamed up to bolster India's dynamic early-stage startup landscape. This collaborative ef...
27 Oct, 2025, 05.00 AM IST
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...
03 Jun, 2025, 12.41 PM IST
Prosus writes off investment in Byju's marking $493 million lossProsus writes off 9.6% stake in Byju's worth $493 million due to value decrease as per HSBC note. Also marks investment in Primrose Hill (Z...
11 Aug, 2024, 05.41 PM IST
Working to improve edtech returns: Ervin Tu, interim CEO of Byju’s investor ProsusThe comments come after Ervin Tu said on Wednesday that Prosus had marked down the valuation of embattled edtech Byju’s below $3 billion. I...
30 Nov, 2023, 07.50 PM IST
Byju’s valuation below $3 billion; company facing challenges: Prosus interim CEOLate last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holdin...
29 Nov, 2023, 07.13 PM IST
PayU India income rises to $399 million, revenue growth slowsEven as overall income saw a bump, PayU India’s revenue growth rate slowed from the 42% witnessed in FY22.
28 Jun, 2023, 11.56 AM IST
Prosus reports 80% jump in Swiggy's Jan-Dec loss, 26% growth in food-delivery GMVProsus, which has backed companies such as Byju’s, PharmEasy and Eruditus, holds a 33% stake in Bengaluru-based Swiggy.
27 Jun, 2023, 05.43 PM IST
Prosus posts $617 million ecommerce trading loss, H2 sees improvementNet profit fell to $10 billion from $18.6 billion, mostly due to a worse performance by Chinese software giant Tencent, in which Prosus own...
27 Jun, 2023, 12.11 PM IST
Tech investor Prosus flags sharp drop in full-year profitThe company said earnings from consolidated businesses in the second half of the year had been stronger than in the first six months, and t...
14 Jun, 2023, 12.44 PM IST
Prosus to explore divestments from fintech arm PayUProsus NV is exploring potential divestments from its emerging-markets financial technology company PayU, according to people familiar with...
10 May, 2023, 11.12 AM IST
Prosus reports strong growth in Swiggy, Instamart, PayU in 2022The figures for Swiggy are from January to June, while PayU’s are from April to September; Prosus has also changed its accounting policy fo...
24 Nov, 2022, 08.11 AM IST
Just Eat Takeaway soars on $1.8 billion iFood stake sale to ProsusProsus will pay 1.5 billion euros in cash and up to 300 million euros more for Takeaway's 33% stake in iFood.
19 Aug, 2022, 07.20 PM IST