Prosus
TMT
Byju's founder Raveendran faces reckoning as startup implodes
Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, ......
TMT
NCLT admits Byju's into insolvency proceedings on BCCI's plea
Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 ......
General
Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions
Boutique Indian dealmaker DAM Capital Advisors is considering a public float, a media report said. Veteran investment banker Dharmesh Mehta's DAM Capital, which ......
General
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 ......
General
Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO
Everstone Capital is set to merge two of its healthcare portfolio companies, Translumina Therapeutics and Everlife Holdings, in preparation for an ......
TMT
Prosus writes off its 9.6% stake in Byju's
Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's ......
TMT
Exclusive: Pine Labs looks at merger possibility with peer to brighten IPO prospects
Indian digital payments company Pine Labs, which is shifting its domicile back to India from Singapore, is likely looking at the ......
People
Prosus, parent Naspers appoint Fabricio Bloisi as new CEO
Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing ......
TMT
Briskpe, two others secure early-stage funding
Fintech startup Briskpe and software-as-a-service (SaaS) startup Reelo secured early-stage funding, the companies said on Monday. Briskpe Briskpe has raised $5 million ......
TMT
SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO
Indian food and grocery delivery startup Swiggy has received approval from its shareholders for a $1.25 billion initial public offering, ......
