Prosus
Infrastructure
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
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
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
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
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 ......
TMT
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
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 ......
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 ......