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Prosus-owned PayU's FY23 revenue grows in double digits

Finance

27 June, 2023

Prosus-owned PayU's FY23 revenue grows in double digits

Payment services provider PayU Payments Pvt. Ltd, has generated a revenue of $399 million (Rs 3,271 crore) for FY23, up ......

Byju's in talks with three investors to reconsider resignation

Consumer

23 June, 2023

Byju's in talks with three investors to reconsider resignation

Byju's is asking three global investors to reconsider their decision to quit its board, three sources with direct knowledge of ......

Lower contribution from Tencent drags Prosus' last year's profit

Others

14 June, 2023

Lower contribution from Tencent drags Prosus' last year's profit

Technology investor Prosus on Wednesday said its profit dropped significantly last year due to impairments and lower contributions from its ......

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What's driving investor interest and valuation of recycling companies?

Infrastructure

05 June, 2023

What's driving investor interest and valuation of recycling companies?

Alternative investors’ interest in Indian recycling companies in segments such as plastics, e-waste, and batteries has increased thanks to technology ......

PayU onboards former IndusInd exec to lead risk ops

Finance

14 February, 2023

PayU onboards former IndusInd exec to lead risk ops

Prosus-owned PayU Payments Pvt Ltd on Tuesday appointed Manish Deo as the company’s head of risk operations and anti-money laundering. In ......

Mensa Brands snags $36 mn from TradeCred

Consumer

07 February, 2023

Mensa Brands snags $36 mn from TradeCred

Mensa Brand Technologies Pvt Ltd, which owns a clutch of direct-to-consumer companies under Mensa Brands, has raised Rs 300 crore ......

Swiggy ropes in 3 independent directors on its board

Consumer

06 February, 2023

Swiggy ropes in 3 independent directors on its board

Food delivery unicorn Swiggy on Monday said it has appointed three independent directors to its board as the Softbank-backed company ......

OLX Group to cut 1,500 jobs globally to reduce cost

TMT

30 January, 2023

OLX Group to cut 1,500 jobs globally to reduce cost

OLX Group, the classifieds unit of Naspers-owned internet group Prosus, is laying off 15%, or over 1,500 employees of its ......

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Deals Digest: VC funding dips in value, small deals dominate this week

TMT

09 December, 2022

Deals Digest: VC funding dips in value, small deals dominate this week

Investments in venture capital (VC) and private equity (PE) declined 17.8% this week to $236 million from last week’s $287 ......

Brainly fires almost entire India team as growth slows

TMT

06 November, 2022

Brainly fires almost entire India team as growth slows

Prosus-backed edtech firm Brainly, an online community learning platform, is said to have fired a portion of its employees globally ......