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Prosus

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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 ......

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 ......

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 ......

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 ......

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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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 ......