Business News
Spacetech Startup The Guild Raises USD 20.5 Mn in Series A Round
The Series A round was led by TDK Ventures and BIG Capital, with participation from Accel, Prosus, Yournest, Campus Fund, BlueHill, and Riceberg.
Prosus
Business News
Accel and Prosus Form Global Alliance to Back India’s Next-Gen Tech Startups
Prosus will match Accel's investment in each company, creating a seamless path of support from seed to scale.
Business News
Meesho Files Updated Draft Papers with SEBI for INR 4,250 Cr IPO
Elevation Capital and Peak XV will lead the secondary sale, offering 5.54 crore and 3 crore shares respectively, while investors like Prosus and SoftBank, which hold 12.34% and 9.31% stakes, will retain their shares.
Business News
Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr
The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate activities.
Business News
Swiggy Exits Rapido Investment; Prosus and WestBridge Take Over Stake
Deal valued at INR 2,399.5 crore delivers over 2.3 times return on Swiggy's original investment.
Business News
CodeKarma, MangoPoint, and NPrep Raise Early-Stage Funding
The below brands have announced their latest funding rounds.
Business News
Prosus and Accel Lead USD 4.17 Mn Round in Arivihan for AI-Driven Education Push
With the new funds, Arivihan plans to deepen its focus on Class 12 students preparing for state boards, CBSE, and NEET examinations, particularly from tier II and tier III cities.
Business News
Wiom Raises USD 40 Mn to Expand Affordable Internet Across Rural India
The round was led by Bertelsmann India Investments and Accel, with participation from Prosus, Promaft Partners, and RTP Global.
Business News
Prosus Values BlueStone at USD 950 Mn as Jewellery Brand Eyes IPO
Among its other investments, Prosus highlighted solid returns from PayU India (14% IRR), Swiggy (23%), Meesho (20%), and Eruditus (15%).
Business News
PayU Acquires 43.5% Stake in Mindgate Solutions to Strengthen Global Payments Infrastructure
Mindgate's founders will retain majority control, ensuring continuity in strategy and operations.
Business News
Supply-Chain Financing Platform Mintifi Raises USD 180 Mn in Series E, Valuation Soars to USD 850 Mn
The raised funding will enable Mintifi to diversify its product offerings, such as dealer management systems, loans against property, and factoring services, powered by artificial intelligence.
Business News
Prosus Allocates USD 100 Mn to Vastu Housing and USD 80 Mn to Mintifi
Prosus acquired an 8.4% stake in Vastu Housing Finance and a 10.65% stake in Mintifi.
Business News
Fashion Startup Lyskraft, FlexiCloud Internet, and AI startup Control One Secure Early-Stage Funding
Here are the Indian startups that announced early-stage funding rounds.