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Swiggy backer Prosus looks to list Indian payments firm PayU in 2025

TMT

13 November, 2024

Swiggy backer Prosus looks to list Indian payments firm PayU in 2025

Dutch technology investor Prosus hopes to list Indian digital payments and lending firm PayU next year, its chief investment officer said ......

Prosus writes off its 9.6% stake in Byju's

TMT

24 June, 2024

Prosus writes off its 9.6% stake in Byju's

Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's ......

Prosus, parent Naspers appoint Fabricio Bloisi as new CEO

People

17 May, 2024

Prosus, parent Naspers appoint Fabricio Bloisi as new CEO

Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing ......

Naspers and Prosus CEO steps down, M&A chief Tu takes charge

People

18 September, 2023

Naspers and Prosus CEO steps down, M&A chief Tu takes charge

Bob van Dijk has stepped down as the long-time CEO of Dutch technology investor Prosus and its South African parent ......

Swiggy, Byju's backer Prosus splits food, edtech investment teams

People

22 August, 2023

Swiggy, Byju's backer Prosus splits food, edtech investment teams

Prosus Ventures, formerly Naspers, an early-stage and growth investor in privately held companies, has split its food delivery and edtech ......

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 plans to take Aakash public next year

TMT

05 June, 2023

Byju's plans to take Aakash public next year

Edtech decacorn Byju’s is planning to take its wholly-owned test prep unit Aakash Educational Services Ltd public by mid-next year. Byju’s, ......

PayU's LazyPay, Kissht blocked after IT Ministry's order

Finance

07 February, 2023

PayU's LazyPay, Kissht blocked after IT Ministry's order

Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning ......

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 ......

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

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 ......