Prosus

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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 ......

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 ......

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TMT

05 October, 2022

Why Prosus backed out from a deal that would have made PayU a market leader

By all accounts, Dutch payments major Prosus appears to have used a technicality to wriggle out of its agreement to ......

Finance

03 October, 2022

Naspers terminates deal to acquire BillDesk for $4.7 bn

Naspers-owned Prosus has terminated its $4.7 billion agreement to acquire payments provider BillDesk, a month after the deal between Prosus ......

Finance

19 September, 2022

Google-backed DotPe raises $58 million in Series B

E-commerce enabler DotPe, on Monday announced that it has raised $58 million in its series B funding round led by ......

TMT

05 September, 2022

CCI clears PayU's $4.7 bn acquisition of BillDesk in largest fintech deal in India

The Competition Commission of India (CCI) has cleared PayU’s acquisition of BillDesk after seeking multiple queries over the last year, ......

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Consumer

01 September, 2022

Captain Fresh to acquire US-based firm at $600 mn valuation

Captain Fresh, a business-to-business seafood marketplace, is close to acquiring US-based Beaver Street Fisheries at an enterprise value of $600 ......

Consumer

23 August, 2022

E-commerce giant Amazon invests in used-device seller Cashify

Online used-device seller Cashify has raised Rs 53 crore from e-commerce major Amazon and existing investor Blume Ventures.   In the ......

Finance

21 August, 2022

PharmEasy's parent firm withdraws IPO papers, plans to raise funds via rights issue

PharmEasy’s parent company, API Holdings Ltd, has withdrawn the draft red herring prospectus (DRHP) it filed with the Securities and ......

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Consumer

14 July, 2022

FreshToHome in talks to raise fresh funds; L Catterton, Amazon eye investment

Direct-to-consumer meat delivery brand FreshToHome is in talks to raise as much as $100-125 million (Rs 798-998 crore) in a ......