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Grapevine: PayU looks to list in India; Yes Bank in fray for NBFC acquisition

General

03 August, 2023

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 ......

Prosus sells PayU's global payments biz for $610 mn, to sharpen focus on India

Finance

01 August, 2023

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 ......

Byju's 'regularly disregarded' former director's advice, says Prosus

TMT

25 July, 2023

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 ......

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SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24

TMT

17 July, 2023

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, ......

Byju's ropes in former upGrad CEO to oversee international business

People

13 July, 2023

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 ......

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Pharmeasy eyes $304 mn in funding from Manipal Group, existing investors

Healthcare

05 July, 2023

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 ......

Private credit funds boom in Asia as startups stare at down rounds

Finance

30 June, 2023

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 ......

Prosus writes off ZestMoney investment; highlights Swiggy's slowing growth

TMT

28 June, 2023

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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Byju's IPO-merger conundrum over Aakash a flashpoint with Blackstone, Chaudhry

TMT

28 June, 2023

Byju's IPO-merger conundrum over Aakash a flashpoint with Blackstone, Chaudhry

Byju’s, which was until recently the most valued Indian startup and the biggest in the global edtech domain, is not ......

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Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns

TMT

27 June, 2023

Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns

Beleaguered edtech unicorn Byju’s, which is fighting on multiple fronts over lapses related to regulatory compliance, valuation markdowns and debt defaults, now ......