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SoftBank set to re-enter Flipkart with $700 mn investment

TMT

04 June, 2021

SoftBank set to re-enter Flipkart with $700 mn investment

Three years after its exit from Walmart owned Flipkart, SoftBank Group Corp is slated to re-invest in the online retailer ......

Prosus, Dragoneer, Wellington lead $255 mn round in Urban Co at $2.1 bn valuation

TMT

02 June, 2021

Prosus, Dragoneer, Wellington lead $255 mn round in Urban Co at $2.1 bn valuation

Home services company Urban Company has closed its ongoing growth round of funding, dubbed Series F, at $255 million (Rs ......

Prosus to buy shares in parent Naspers as valuations lag Tencent stake

TMT

12 May, 2021

Prosus to buy shares in parent Naspers as valuations lag Tencent stake

Amsterdam-based technology investor Prosus NV announced plans on Wednesday to acquire up to 45.4% of shares in its parent Naspers ......

Urban Company raises $188 million in growth round led by Prosus Ventures

TMT

27 April, 2021

Urban Company raises $188 million in growth round led by Prosus Ventures

On-demand home services marketplace Urban Company has raised $188 million (Rs 1,410 crore) in a growth funding round led by ......

Grapevine: Manipal Health resumes talks for AMRI; Multiples may lead Licious round

General

16 April, 2021

Grapevine: Manipal Health resumes talks for AMRI; Multiples may lead Licious round

Hospital chain operator Manipal Health Enterprises has resumed talks to buy Kolkata-based AMRI (Advanced Medical Research Institute) Hospitals for Rs ......

Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn

TMT

20 November, 2019

Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn

The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building ......

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

TMT

11 September, 2019

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their ......

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How Naspers built its Indian empire as it readies for $100-bn listing of web assets

TMT

30 August, 2019

How Naspers built its Indian empire as it readies for $100-bn listing of web assets

In December last year, food delivery company Swiggy received its biggest cheque—$1 billion—from investors to date. But that isn’t the ......