Ashutosh Sharma on why Prosus Ventures is now ready for early stage bets in India

Payal Ganguly

Prosus Ventures, one of the largest strategic investors in India’s consumer internet market, wants to up the ante on its ....

4 November, 2019

Deal roundup: Naspers, Tencent, Toyota prop up tech startup funding to over $200 mn

Supriya Roy

Strategic investors stepped in this week to move the needle on dealmaking in India’s technology startup funding market. South ....

1 November, 2019
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OLX India books 41% growth in profits for FY19, revenues up 123%

Shashank Didmishe

Classifieds platform OLX India reported a 41% growth in net profits at Rs 22 crore for the financial year 2018-19, marking the ....

29 October, 2019

Deal Talk: MobiKwik looking to sell payment gateway business; Zetwerk in talks to raise $35 mn

Supriya Roy

TechCircle brings you a round-up of technology investment and M&A deals reported from across newsrooms.  MobiKwik’s ....

22 October, 2019

Deal Talk: Naspers, Tencent may invest in Pine Labs; Digifin may raise seed funding from Sequoia, Matrix Partners

Team TC

TechCircle brings you a round-up of technology investments and M&A deals reported from across newsrooms. Naspers, Tencent ....

10 October, 2019

#Logout campaign: Will foodtech platforms be able to woo back restaurants?

Payal Ganguly

Nearly five weeks into the #Logout campaign that turned the country’s booming food-tech industry on its head, Zomato and ....

13 September, 2019
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PayU India launches app for merchants

Team TC

Naspers-owned payment solutions provider PayU India has launched a multi-functional mobile app for merchants. Merchants can ....

10 September, 2019

Naspers may lead $55 mn funding round in ElasticRun; UPI transactions beat credit, debit cards

Team TC

South African internet and media giant Naspers is likely to lead a $55 million funding round in logistics startup ElasticRun. ....

3 September, 2019

Gaming unicorn Dream11 in talks with SoftBank, Naspers, Tiger Global for $500 mn funding: Report

Team TC

Online fantasy gaming startup Dream11 is in discussions with a number of top technology investors including SoftBank Vision Fund, ....

30 August, 2019

B2B ecommerce marketplace Udaan raises $300 mn in Series D round: Report

Team TC

Bengaluru-based Hiveloop Technology, which operates the B2B (business-to-business) ecommerce platform Udaan, has raised $300 million ....

30 August, 2019
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Funding Roundup: Twitter plugs into ShareChat; internet deals boost funding to $347.5 mn

Team TC

Homegrown social media platform ShareChat received its highest validation yet this week when Twitter, the San Francisco-based ....

16 August, 2019

Vinod Dham backs Orbo; Naspers may buy $100 mn stake in Dream11

Team TC

Intel’s Pentium chip developer and technology mentor Vinod Dham is backing Orbo. South Africa-based media giant Naspers ....

16 August, 2019

Naspers leads $125 mn funding round in social commerce platform Meesho

Payal Ganguly

Social commerce app Meesho has raised $125 million in a funding round, led by South African consumer internet group Naspers. The ....

12 August, 2019

PayU strengthens India leadership team with 5 new hires

Team TC

PayU, a fintech company that provides payments technology to online merchants, has strengthened its top management team for the ....

8 August, 2019

Cred to close $125 mn Series-A round; Ebix, MakeMyTrip look to buy Cox & Kings

Vijayakumar Pitchiah

Fintech company raised $65 million from multiple investors including Sequoia and Apoletto. Brick-and-mortar travel company attracts ....

5 August, 2019

Naspers to lead fresh funding round in Swiggy; Cipla to back Medlife

Team TC

Online food delivery startup Swiggy is close to raising $750 million in a funding round led by Naspers. US retail behemoth Walmart ....

2 August, 2019

Online fashion retailer LimeRoad hires former ibibo CFO

Payal Ganguly

Online fashion retailer LimeRoad has hired Pankaj Jain as chief financial officer (CFO). Jain was CFO at ibibo Web for over ....

30 July, 2019

Naspers leads $30 mn Series C round for Brainly

Payal Ganguly

Peer-to-peer learning community Brainly has raised $30 million (Rs 207 crore at the current exchange rate) in a funding round ....

26 July, 2019

PayU, Zoho sign deal for digital biz push

Payal Ganguly

Naspers-owned payment solutions provider PayU has signed a deal with Zoho customer relationship management to help merchants digitise ....

24 July, 2019

Swiggy in talks to raise $500mn from Korean investors, Naspers: Report

Vijayakumar Pitchiah

As competition in India’s food-tech sector intensifies, Swiggy, the food delivery platform owned by Bengaluru-based Bundl ....

15 July, 2019

PayU India sees another top exit; Xiaomi’s Shunwei Capital may invest in Yulu: Reports

Binu Paul

Online payment company PayU’s India founder and managing director Shailaz Nag has resigned from the firm, The Economic Times ....

11 July, 2019