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CarTrade CEO Vinay Sanghi on OLX buy and opportunities in non-auto classifieds market

TMT

15 September, 2023

CarTrade CEO Vinay Sanghi on OLX buy and opportunities in non-auto classifieds market

Mumbai-listed online automobile classifieds platform CarTrade Tech Ltd was in the news in July this year for its big-ticket acquisition of OLX ......

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Five takeaways from CarTrade Tech's latest acquisition

Finance

11 July, 2023

Five takeaways from CarTrade Tech's latest acquisition

Listed automobile classifieds portal CarTrade will acquire Olx India’s used vehicle division for a cash consideration, in a move that ......

OLX Group to cut 1,500 jobs globally to reduce cost

TMT

30 January, 2023

OLX Group to cut 1,500 jobs globally to reduce cost

OLX Group, the classifieds unit of Naspers-owned internet group Prosus, is laying off 15%, or over 1,500 employees of its ......

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LeadSquared to go inorganic with expansion in sight

TMT

22 August, 2022

LeadSquared to go inorganic with expansion in sight

LeadSquared, a marketing and sales automation software-as-a-service (SaaS) platform, is eyeing inorganic opportunities to expand its domestic and overseas operations, ......

Swiggy investor Prosus reports full-year profit up 6.7%

TMT

30 June, 2020

Swiggy investor Prosus reports full-year profit up 6.7%

Prosus NV, one of the world's largest technology investors, on Monday said net profit for the year to March 31, ......

Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar

General

14 January, 2020

Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar

Adani Group is in early-stage talks with Reliance Power, which supplies electricity to Adani Electricity Mumbai, to acquire subsidiary Vidarbha ......

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How Naspers built its Indian empire as it readies for $100-bn listing of web assets

TMT

30 August, 2019

How Naspers built its Indian empire as it readies for $100-bn listing of web assets

In December last year, food delivery company Swiggy received its biggest cheque—$1 billion—from investors to date. But that isn’t the ......

Swiggy, MakeMyTrip backer Naspers to list internet businesses on Euronext in July

TMT

29 May, 2019

Swiggy, MakeMyTrip backer Naspers to list internet businesses on Euronext in July

South African conglomerate Naspers plans to float consumer internet businesses with assets valued at more than 100 billion euros ($112 ......

Swiggy, MakeMyTrip investor Naspers to float e-commerce ventures in Euronext listing

TMT

25 March, 2019

Swiggy, MakeMyTrip investor Naspers to float e-commerce ventures in Euronext listing

Naspers will float its e-commerce ventures on the Euronext stock exchange in Amsterdam, it said on Monday, the latest move ......

OLX buys VC-backed recruitment portal Aasaanjobs

TMT

07 January, 2019

OLX buys VC-backed recruitment portal Aasaanjobs

Naspers-backed classifieds portal OLX has acquired online hiring marketplace Aasaanjobs Pvt. Ltd for an undisclosed amount, the companies said in a ......