Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This […]
Prosus Ventures
Trending topics and news from the Prosus Ventures category
Back to news homeIndia approves PayU’s $4.7 billion acquisition of BillDesk
India’s antitrust watchdog has approved PayU’s proposed acquisition of payments gateway BillDesk, the second largest M&A deal in the South Asian market’s consumer internet space, more than a year after […]
Coinbase taps former Niti Aayog and Prosus exec for India expansion
Coinbase has hired Arnab Kumar, former executive at Prosus Ventures, in the latest push to relaunch its eponymous cryptocurrency exchange in India. Kumar, who has previously also worked at influential […]
Indian food delivery giant Swiggy eyes $1 billion IPO
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was […]
India’s Captain Fresh more than doubles valuation to $500 million in three months
Captain Fresh, a farm-to-retail platform for animal protein, has more than doubled its valuation to $500 million in three months as the Indian startup deepens its footprints in the local […]
Months after its Series A, Singaporean robo-advisor Endowus add $35M SGD in new funding
Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by […]
Commerce platform ShopUp raises $75 million led by Valar in Bangladesh’s largest funding
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter […]
India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores
A startup that is helping over 125,000 neighborhood stores in India secure working capital, inventory from top brands, and work with e-commerce firms to boost revenues said on Thursday it […]