Naspers
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Swiggy lays off 1,100 employees as lockdown saps food delivery business
Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......
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Naspers, Meituan-Dianping deliver fresh capital to Swiggy
Food delivery platform Swiggy has raised Rs 805 crore (approximately $112.56 million at current exchange rates) in a round of ......
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Early investors in Swiggy take home $222 mn in partial exits
Many early investors in Swiggy have earned high returns on their investments in the online food delivery startup by selling ......
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PayU buys Nexus-backed Paysense in big-ticket fintech M&A
Prosus Ventures-backed payments technology company PayU has bought digital consumer credit startup Paysense in its largest India acquisition. PayU is acquiring ......
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Goldman Sachs joins digital lender ZestMoney's extended Series B round
Camden Town Technologies Pvt. Ltd, which operates digital point-of-sale consumer financing platform ZestMoney, has raised funding from the United States-based ......
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Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn
The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building ......
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Astarc Ventures leads funding in ed-tech startup SOAL
Early-stage venture capital firm Astarc Ventures has led a funding round of $300,000 (Rs 2.1 crore) in Mumbai-based ed-tech firm ......
General
Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets
Former Tiger Global Management executive Lee Fixel is looking to invest around $1 billion (Rs 7,149 crore at current exchange ......
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Naspers spin-off Prosus soars 25% on Amsterdam trading debut
Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their ......
General
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 ......
