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Barring Byju's write-off, how Prosus' India portfolio fared in FY24

General

26 June, 2024

Barring Byju's write-off, how Prosus' India portfolio fared in FY24

Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......

ElasticRun FY22 loss widens to Rs 373 crore

Finance

14 November, 2022

ElasticRun FY22 loss widens to Rs 373 crore

Softbank-backed business-to-business (B2B) online commerce platform ElasticRun’s loss widened to Rs 373 crore in the financial year 2022, up from ......

Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn

TMT

11 April, 2022

Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn

India Inc witnessed a 92% increase in investment value to $9.4 billion with 441 deals recorded until March end of ......

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We can turn profitable in 18-24 months, if we want: ElasticRun's CEO

TMT

17 February, 2022

We can turn profitable in 18-24 months, if we want: ElasticRun's CEO

ElasticRun, operated by Ntex Transportation Services Pvt Ltd, on Thursday said it raised $332 million funding round led by Softbank ......

SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding

Infrastructure

08 February, 2022

SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding

Japan’s SoftBank Group, Prosus Ventures and Goldman Sachs have led a $300 million funding round in Pune-based logistics startup ElasticRun, ......

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Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory

TMT

30 April, 2021

Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory

Dealmaking value in the fourth week of the financial year topped the blockbuster first week that saw the birth of ......

Logistics-tech startup ElasticRun hauls in $40 mn from Prosus Ventures, others

TMT

30 October, 2019

Logistics-tech startup ElasticRun hauls in $40 mn from Prosus Ventures, others

Logistics and distribution firm ElasticRun has raised $40 million (approximately Rs 283.97 crore at current exchange rates) in a funding ......

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

General

03 September, 2019

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of ......

Norwest, Kalaari invest more into logistics tech startup ElasticRun

TMT

05 October, 2018

Norwest, Kalaari invest more into logistics tech startup ElasticRun

Pune-based Ntex Transportation Services Pvt. Ltd, which runs logistics startup ElasticRun, has raised close to Rs 60 crore ($8 million) ......

Prime Venture Partners invests in logistics-tech startup WheelsEye

TMT

30 August, 2018

Prime Venture Partners invests in logistics-tech startup WheelsEye

Technology-based logistics startup WheelsEye said on Thursday that it has raised Rs 7 crore (around $1 million) from early-stage venture ......