#prosus

Ethereal Exploration Guild, μια ινδική διαστημική τεχνολογία πιο γνωστή ως EtherealXέχει αναρριχηθεί 5,5 φορές σε αξία στα 80,5 εκατομμύρια δολάρια μετά τον τελευταίο γύρο χρηματοδότησής του. Η startup αναπτύσσει ένα όχημα εκτόξευσης σχεδιασμένο για να είναι πλήρως επαναχρησιμοποιήσιμο και ετοιμάζει δοκιμές καυτής φωτιάς κινητήρα ενόψει της πρώτης πτήσης επίδειξης τεχνολογίας, που έχει…

Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, whereas Prosus has elevated its stake, after Indian two-wheeler big TVS Motor bought its whole holding. On Thursday, TVS Motor mentioned in a inventory alternate submitting (PDF) that it has bought its whole stake in Rapido for ₹2.88 billion (about $32 million) to Accel and Prosus’ funding unit, MIH Investments,…

Storied buyers Accel and Prosus have launched a brand new funding partnership to again Indian startups from day zero, concentrating on founders constructing large-scale options with the potential to serve the lots within the South Asian nation. Introduced on Monday, the collaboration marks the primary time Prosus is investing on the formation stage. Each companies will co-invest from a startup’s…

Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders building large-scale solutions with the potential to serve the masses in the South Asian nation. Announced on Monday, the collaboration marks the first time Prosus is investing at the formation stage. Both firms will co-invest from a startup’s earliest days, with…

Prosus and Naspers Limited have announced a change in executive leadership, with Bob van Dijk stepping down as CEO and Board member. Ervin Tu will take over as Interim CEO. Van Dijk’s tenure has seen significant growth and strategic expansion for Prosus, solidifying its position as a leading global consumer internet entity. (Read More)

Bob van Dijk, the chief executive of Naspers and Prosus, has stepped down from his position effective immediately, the firms said. Ervin Tu, presently Prosus’ Group Chief Investment Officer, has been promoted as interim chief executive of the firms. “The Boards of Prosus and Naspers want to thank Bob for his leadership over a full […]

A key Byju’s investor has gone on record to express its disappointment in the edtech giant’s reporting and governance practices, just weeks after all independent members quit the startup’s board. Prosus, one of the most prolific investors in India, said in a statement on Tuesday that Byju’s “reporting and governance structures did not evolve sufficiently for a company of that scale,” and it…

Prosus 2023 report card: ZestMoney write-off, Byju’s haircut, and more