Meesho
TMT
After Swiggy, another portfolio firm of Prosus draws up plan for mega IPO
Global technology investor Prosus had recently monetised its investment in Swiggy when the food delivery and quick commerce company went ......
TMT
Meesho misses profit by a whisker; launch of logistics arm cuts cost
Prosus-backed homegrown ecommerce player Meesho, which competes with the likes of Amazon and Walmart-owned Flipkart, cut its adjusted losses by ......
TMT
Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year ......
General
Barring Byju's write-off, how Prosus' India portfolio fared in FY24
Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......
Finance
General Catalyst acquires VC firm Venture Highway
US-based venture capital firm General Catalyst, which makes early-stage and growth equity investments globally, has acquired Indian VC firm Venture ......
General
Grapevine: Meesho may upsize funding round; Dorf Ketal plans IPO
Several VC firms are showing interest in Meesho's latest funding round, which is now expected to raise $500-$650 million (Rs 4,175-5,428 crore), ......
General
Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware
E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and others, a ......
General
Grapevine: Carnelian raising $600 mn PIPE fund; Mars Growth may buy into Meesho
Carnelian Asset Management & Advisors, led by Vikas Khemani, is gearing up to raise Rs 5,000 crore ($600 million) for ......
General
Grapevine: EQT, KKR eye Healthium Medtech; Nazara bids for Smaaash
Top global private equity firms, including EQT, KKR, Bain Capital, and Advent International, have submitted initial bids to buy Apax Partners-backed Healthium Medtech, a media ......
TMT
Fidelity slashes Meesho's valuation for second time in a quarter
Massachusetts-based Fidelity Investments, an asset management company that has invested in several publicly listed as well as privately held Indian ......
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