Prosus
TMT
ED slaps $1.1 bn notice to Byju's for forex law violations; firm denies
India's federal financial crime-fighting agency has issued a show-cause notice to ed-tech company Byju's for alleged violations of foreign exchange ......
Healthcare
Temasek-backed Pharmeasy's rights issue oversubscribed, raises $420 mn
API Holdings, which runs omnichannel pharmacy chain Pharmeasy, and was struggling to raise capital, has raised Rs 3,500 crore ($420 ......
TMT
Prosus-owned PayU targets Feb for India IPO filing
Netherlands-based PayU plans to ask for regulatory approval in February for an initial public offering worth at least $500 million ......
People
Naspers and Prosus CEO steps down, M&A chief Tu takes charge
Bob van Dijk has stepped down as the long-time CEO of Dutch technology investor Prosus and its South African parent ......
TMT
Temasek, TPG, Prosus to invest more in PharmEasy as valuation slumps
Omnichannel pharmacy chain PharmEasy will raise Rs 3,500 crore through a rights issue next week, multiple people aware of the ......
TMT
Prosus-backed Urban Company narrows losses in FY23 as revenue grows
Gurugram-based home services unicorn Urban Company narrowed its losses in the last financial year to Rs 308.4 crore from Rs ......
TMT
Deals Digest: M&A deals hog the limelight as funding activity slows
Private equity and venture capital dealmaking slowed this week compared with the week before but there was a notable increase in merger and acquisition activities. This ......
General
Grapevine: PayU looks to list in India; Yes Bank in fray for NBFC acquisition
Prosus-backed PayU Payments Pvt. Ltd is planning to list in India sometime next year, a media report has said, citing ......
Finance
Prosus sells PayU's global payments biz for $610 mn, to sharpen focus on India
Netherlands-based private equity player Prosus, which is a backer of multiple Indian startups including Byju's, DeHaat, Fashinza, The Good Glamm ......
TMT
Byju's 'regularly disregarded' former director's advice, says Prosus
Prosus NV, an investor in Indian educational technology startup Byju's, said on Tuesday the company's management "regularly disregarded advice" despite ......
