Prosus Ventures terminates its deal to acquire Indian payments company BillDesk for $4.7B in cash, saying “certain conditions precedent were not fulfilled”
Manish Singh / TechCrunch :
Jakarta-based Bibit, which offers robo-advisor services to help millennial users invest in mutual funds based on their risk profiles, raises $80M+ led by GIC
Indonesia-based investment app Bibit has raised over US$80 million in a funding round led by GIC, with participation from Prosus Ventures and other existing investors.
Bengaluru-based B2B online seafood marketplace Captain Fresh raises a $50M Series C co-led by Tiger Global and Prosus Ventures at a $500M valuation
Manish Singh / TechCrunch :
Bengaluru-based B2B online seafood marketplace Captain Fresh raises a $40M Series B co-led by Tiger Global and Prosus Ventures at a $200M post-money valuation
Pranav Balakrishnan / The Economic Times :
Swiggy raises $1.25B Series J led by SoftBank's Vision Fund 2 and Prosus Ventures at a post-money valuation of $5.5B, with Vision Fund 2 alone investing $450M
Manish Singh / TechCrunch :
Bux, which lets users in Europe invest in shares and ETFs without paying commissions, raises $80M co-led by Prosus Ventures and Tencent
A new wave of apps have democratized the concept of investing, bringing the concept of trading stocks and currencies to a wider pool of users who can use …
Swiggy, India's largest food delivery startup, raises $113M Series I led by Prosus Ventures, source says at a $3.6B valuation; Swiggy has raised ~$1.57B to date
Weeks after Zomato acquired Uber's Eats business in India, its chief local rival is bulking up some ammunition of its own.
Indian e-commerce startup ElasticRun, which runs a logistics network using hundreds of thousands of small stores, raises $40M Series C led by Prosus Ventures
A score of e-commerce companies, offline retail chains, and fintech startups are now racing to work with these mom and pop stores …