Prosus
General
Grapevine: Sugar Cosmetics' VC backers eye exit; Azure Power may change hands
India-focused Malabar Investments is reportedly in discussions to acquire a stake in Mumbai-based Sugar Cosmetics through a secondary transaction worth ......
TMT
GenAI startup Ema nets $25 mn from Accel, Prosus, others
Technology startup Ema, short for Enterprise Machine Assistant, said Tuesday that it has raised $25 million (Rs 207 crore) in ......
TMT
Investors vote for change of guard at Byju's; startup says resolution 'invalid'
Things seem to be worsening for the beleaguered edtech Byju’s, as a consortium of its investors, which last month sought ......
TMT
Byju's hits back at investors, says they can't vote CEO out
Beleaguered edtech firm Byju's, whose major investors called for an extraordinary general meeting seeking changes in leadership, said Friday its investors do not ......
General
Grapevine: Bharti may sell life insurance unit; Captain Fresh seeks funding
Billionaire Sunil Mittal-led Bharti Group is in advanced negotiations with SBI Life and other insurers to divest its wholly owned ......
TMT
Swiggy back in decacorn club with latest valuation mark-up
Food delivery venture unicorn Swiggy, which has begun preparations for its potential public listing, has re-entered the decacorn club of ......
TMT
Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn
Some of the world’s biggest private equity firms, asset managers, pension funds and sovereign wealth funds are now sitting on ......
TMT
Prosus-owned PayU India shuts down prepaid credit card unit LazyCard
PayU India has shut its prepaid payment instrument LazyCard that it launched at the beginning of 2022, the company’s parent ......
TMT
Prosus slashes Byju's valuation to under $3 billion
Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less ......
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 ......
