Snapdeal to Shelve $152 Million IPO as Tech Stocks Plunge
SoftBank-backed Indian e-commerce firm Snapdeal has decided to terminate its $152 million initial public offering, the company told Reuters, making it the latest victim of...
Tag : Prosus
DeHaat Raises $60 Million in Series E Funding Led by Sofina, Temasek
On December 1, full-stack agtech startup DeHaat said it had raised $60 million in a Series E funding round co-led by Sofina Ventures and Temasek....
Prosus Values its 9.67% Stake in Byju’s at $578 Million
Netherlands-based tech investor Prosus recorded a fair value of its 9.67% stake in Byju’s at $578 million at the end of the September quarter, as...
Prosus Stock Fall After Investment Group Warns of Earnings Decline
On Tuesday, Amsterdam-listed shares in Prosus (AS:PRX) moved lower after the Dutch e-commerce investment company warned that income would decline in a significant manner in...
Naspers-owned Prosus Ends $4.7 Billion Deal of Acquiring BillDesk
The biggest M&A, i.e. Merger & Acquisition deal in the Indian FinTech space, has been entitled tainted Naspers-owned Prosus has terminated the $4.7 billion deal,...
Prosus Terminates PayU’s $4.7 Bn Acquisition of BillDesk
On Monday, Netherlands-based Prosus NV, the parent company of PayU Payments, said it had terminated the deal to acquire Indian payment aggregator BillDesk. It is...
ElasticRun Raises $300 Million From SoftBank, Goldman Sachs
ElasticRun has raised $300 million from SoftBank and Goldman Sachs, according to a regulatory filing. ElasticRun was founded by Sandeep Deshmukh, Shitiz Bansal and Saurabh...
Swiggy Raises $1.25 Billion in Funding Led by SoftBank
Swiggy has raised $1.25 billion in a funding round led by investor SoftBank Vision Fund 2 and Prosus. “The scope of food delivery in India...