Prosus
TMT
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
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
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
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, ......
Consumer
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
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
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PharmEasy’s parent company, API Holdings Ltd, has withdrawn the draft red herring prospectus (DRHP) it filed with the Securities and ......
Consumer
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 ......
Consumer
Good Glamm Group to restructure business, expand international footprint
Content-to-commerce unicorn, The Good Glamm Group, on Tuesday announced business restructuring with the setting up of three divisions to create ......
TMT
In FY22, South Africa's Prosus Ventures mostly invested in India
In FY22, Prosus Ventures invested a total of $900 million. Out of this, $800 million was invested in India, the ......