German quick grocery delivery startup Flink raised $100M led by Prosus, a source says at a $900M valuation; Flink was reportedly valued at $5B in May 2022
German quick grocery delivery startup Flink raised $100M led by Prosus, a source says at a $900M valuation; Flink was reportedly valued at $5B in May 2022
Flink SE raised funds in a round that values the firm at $900 million, in a sign that the grocery delivery startup has stabilized …
Rain, which offers an employer-integrated personal finance and earned wage access app, raised a $75M Series B led by Prosus at a $340M post-money valuation
Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts …
Prosus says it has made $2B+ on its Swiggy investment and will retain a 25% stake after Swiggy's IPO, which valued the food and grocery delivery firm at ~$11.3B
Loni Prinsloo / Bloomberg :
Prosus valued its 9.67% stake in Byju's at $578M at the end of Q3 2022, implying Byju's total value to be $5.9B; Byju's was valued at $22B in October 2022
Moneycontrol :
Delhi-based Fashinza, a B2B supply chain marketplace for fashion brands, raises a $60M Series B and $40M in debt co-led by Prosus and Westbridge
Kyle Wiggers / TechCrunch :
Colombian financial “superapp” Treinta raises $46M led by Prosus' PayU, following a $14.3M seed in 2021, and says it is used by 4M SMBs in 18 countries
Ingrid Lunden / TechCrunch :
Prosus says the value of its e-commerce portfolio excluding Tencent is worth $39B and had revenue of $6.2B in FY 2021, up 54% YoY, on $429M loss, down 46% YoY
Reuters : Source: Prosus .
Berlin-based Flink, a six-months old grocery delivery service built around its own delivery stores, raises $240M co-led by Prosus, BOND, and Mubadala Capital
On-demand grocery delivery, which really came into its own with the emergence of the Covid-19 pandemic, continues to command huge attention from investors.
India-based on-demand home services startup Urban Company, formerly UrbanClap, raises ~$190M Series F led by Prosus at a post-money valuation of ~$2B
Urban Company is the 7th Indian startup to cross $1 billion in valuation this month, and the 12th this year. Binu Paul / TechCircle : Urban Company raises $188 million in growth round led by Prosus Th...