Prosus
TMT
Meesho misses profit by a whisker; launch of logistics arm cuts cost
Prosus-backed homegrown ecommerce player Meesho, which competes with the likes of Amazon and Walmart-owned Flipkart, cut its adjusted losses by ......
TMT
Swiggy ups fresh issue in IPO as Prosus cuts offer for sale
Food and grocery delivery platform Swiggy Ltd has increased the fresh issue in its upcoming initial public offering (IPO), while ......
TMT
Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......
TMT
Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year ......
General
Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India
Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) of shares ......
General
Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit
Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......
TMT
Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities
Seafood provider Captain Fresh is eyeing more inorganic growth opportunities, in line with its plans to expand its international business, ......
TMT
General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency
Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns ......
General
Deals Digest: Large BFSI deal propels funding momentum this week
Private equity and venture capital investments saw a significant uptick this week, driven by a few large-ticket deals, according to ......
General
Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit
Premji Invest and Claypond Capital, the family offices of Wipro's Azim Premji and Manipal Group's Ranjan Pai, respectively, are in advanced talks to invest $125 ......