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Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India

TMT

21 October, 2024

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 ......

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Grapevine: Aragen Life, Urban Company investors weigh stake sale

General

18 September, 2024

Grapevine: Aragen Life, Urban Company investors weigh stake sale

Promoters and investors in Aragen Life Sciences, the Goldman Sachs-backed contract research organisation (CRO), plan to sell a 10% stake in a ......

Urban Company turns operationally profitable, set to cross Rs 1,000 crore revenue in FY25

TMT

24 July, 2024

Urban Company turns operationally profitable, set to cross Rs 1,000 crore revenue in FY25

Prosus-backed Urban Company, which provides homes services, said Wednesday it turned operationally profitable in the quarter ended June 30, 2024.  Urban ......

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Deals Digest: Funding momentum slows but deal volume goes up this week

General

19 July, 2024

Deals Digest: Funding momentum slows but deal volume goes up this week

Capital raised by startups was a tad bit lower than last week even as the volume of total funding deals ......

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Grapevine: Mankind Pharma, EQT in BSV final lap; Snapdeal founders exit Urban Company

General

18 July, 2024

Grapevine: Mankind Pharma, EQT in BSV final lap; Snapdeal founders exit Urban Company

The buyout of BSV Group (formerly Bharat Serums & Vaccines Ltd) has come down to a contest between Mankind Pharma and a consortium of EQT, ......

Dharana Capital bets $50 mn on Urban Company

TMT

17 July, 2024

Dharana Capital bets $50 mn on Urban Company

India-focused investment firm Dharana Capital, which has domestic-backed companies such as NoBroker, Zomato, Zopper, Lentra and Itilite, has invested Rs ......

Prosus-backed Urban Company narrows losses in FY23 as revenue grows

TMT

21 August, 2023

Prosus-backed Urban Company narrows losses in FY23 as revenue grows

Gurugram-based home services unicorn Urban Company narrowed its losses in the last financial year to Rs 308.4 crore from Rs ......

Accel, Singh Capital Partners invest $10 mn in EcoSoul

TMT

20 April, 2023

Accel, Singh Capital Partners invest $10 mn in EcoSoul

India and US-based eco-friendly products maker EcoSoul Home on Thursday said it has mopped up Series A funding of $10 ......

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

TMT

01 March, 2023

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

Zomato's co-founder and chief executive officer Deepinder Goyal has resigned from the board of Urban Company as the Zomato's owned ......

Accel India selects 10 startups for second cohort of Atoms programme

TMT

28 November, 2022

Accel India selects 10 startups for second cohort of Atoms programme

Accel India has selected 10 startups as part of its second cohort of Atoms programme that was launched last year ......