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More startups find investors getting cold feet on binding contracts

Finance

06 October, 2022

More startups find investors getting cold feet on binding contracts

A growing number of startups have seen investors renege on binding contracts or share purchase pacts in the past few ......

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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 ......

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BillDesk shareholders explore legal options against Prosus

TMT

04 October, 2022

BillDesk shareholders explore legal options against Prosus

Prosus NV terminated a $4.7 billion deal to buy BillDesk, citing a breach of conditions, just hours before the deadline, ......

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In FY22, South Africa's Prosus Ventures mostly invested in India

TMT

27 June, 2022

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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Prosus-owned PayU eyes Indian gig-economy fintechs

Finance

27 January, 2022

Prosus-owned PayU eyes Indian gig-economy fintechs

Prosus-owned PayU, which made the most expensive acquisition in the Indian fintech landscape last year, is now aiming to snap ......

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TA Associates lines up historic number of exits in 2021

Finance

14 October, 2021

TA Associates lines up historic number of exits in 2021

Boston-based growth equity firm TA Associates has set itself up for over $1 billion in exits from India this year ......

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NeoGrowth eyes $350 mn price tag as it dials strategics, buyout PEs for funding

TMT

21 September, 2021

NeoGrowth eyes $350 mn price tag as it dials strategics, buyout PEs for funding

SME-focused fintech lender NeoGrowth Credit Pvt Ltd is seeking a valuation of nearly $350 million (Rs 2,576 crore) in its ......

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Weekly Deals Wrap: Record M&A deals in fintech, insurance led by Prosus, HDFC Life steal show

Finance

03 September, 2021

Weekly Deals Wrap: Record M&A deals in fintech, insurance led by Prosus, HDFC Life steal show

Unlike in the past weeks, there were no big bang late-stage startup deals nor the emergence of any new unicorns. ......

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Merchant lending will be a serious play for us: PayU India head

TMT

02 September, 2021

Merchant lending will be a serious play for us: PayU India head

Prosus-owned PayU, which has made the most expensive acquisition in the Indian fintech landscape, is looking to co-create new solutions ......

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BillDesk founders, investors chart big gains from $4.7 Bn sale

Finance

31 August, 2021

BillDesk founders, investors chart big gains from $4.7 Bn sale

M N Srinivasu, Ajay Kaushal and Karthik Ganapathy were colleagues at consulting firm Arthur Andersen when they set out to ......