Prosus
TMT
Prosus-backed Urban Company narrows losses in FY23 as revenue grows
Gurugram-based home services unicorn Urban Company narrowed its losses in the last financial year to Rs 308.4 crore from Rs ......
TMT
Deals Digest: M&A deals hog the limelight as funding activity slows
Private equity and venture capital dealmaking slowed this week compared with the week before but there was a notable increase in merger and acquisition activities. This ......
General
Grapevine: PayU looks to list in India; Yes Bank in fray for NBFC acquisition
Prosus-backed PayU Payments Pvt. Ltd is planning to list in India sometime next year, a media report has said, citing ......
Finance
Prosus sells PayU's global payments biz for $610 mn, to sharpen focus on India
Netherlands-based private equity player Prosus, which is a backer of multiple Indian startups including Byju's, DeHaat, Fashinza, The Good Glamm ......
TMT
Byju's 'regularly disregarded' former director's advice, says Prosus
Prosus NV, an investor in Indian educational technology startup Byju's, said on Tuesday the company's management "regularly disregarded advice" despite ......
TMT
SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24
Edtech company Eruditus expects to end the financial year 2023-24 on a profitable note, its founder and CEO told VCCircle, ......
People
Byju's ropes in former upGrad CEO to oversee international business
Embattled edtech major Byju's has roped in upGrad's former chief Arjun Mohan to oversee its international business, as it continues ......
Healthcare
Pharmeasy eyes $304 mn in funding from Manipal Group, existing investors
Omnichannel pharmacy chain Pharmeasy plans to raise ₹2,500 crore ($304 million) to retire the senior debt it had raised from ......
Finance
Private credit funds boom in Asia as startups stare at down rounds
From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from ......
TMT
Prosus writes off ZestMoney investment; highlights Swiggy's slowing growth
Netherlands-based tech investor Prosus, which has pumped close to $9 billion in Indian companies, has marked down its $38 million ......
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