Prosus
TMT
SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24
Edtech company Eruditus expects to end the financial year 2023-24 on a profitable note, its founder and CEO told VCCircle, ......
Healthcare
Pharmeasy eyes $304 mn in funding from Manipal Group, existing investors
Omnichannel pharmacy chain Pharmeasy plans to raise ₹2,500 crore ($304 million) to retire the senior debt it had raised from ......
TMT
Byju's IPO-merger conundrum over Aakash a flashpoint with Blackstone, Chaudhry
Byju’s, which was until recently the most valued Indian startup and the biggest in the global edtech domain, is not ......
TMT
Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns
Beleaguered edtech unicorn Byju’s, which is fighting on multiple fronts over lapses related to regulatory compliance, valuation markdowns and debt defaults, now ......
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 ......
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
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 ......
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
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 ......
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 ......
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