Prosus

Byju's EGM Gets Underway; Raveendran Byju Skips, Investors File Suit In NCLT

23/02/2024

Ahead of the EGM, a group of four investors of Byju's filed an oppression and mismanagement suit against the management of the company in the Bengaluru bench of the NCLT

Prosus Marks Down Byju's Valuation Again, This Time To Below $3 Billion

30/11/2023

This is a 86 per cent decrease from its October 2022 valuation of $22 billion

Mensa Brands Raises $40 Million In Growth Capital From EvolutionX

05/10/2023

In November 2021, Mensa Brands raised $135 million at a valuation of more than $1 billion, making it a unicorn

Byju's Governance Structure Did Not Evolve Sufficiently Regularly Disregarded Advice: Prosus

25/07/2023

In a statement, Prosus said Byju's grew considerably since its first investment in 2018

CarTrade To Acquire OLX’s Auto Sales Business

11/07/2023

The takeover is expected to be completed in 21-30 days

BYJU'S Close To Profitability, Expect To Resolve Loan Issue Without Court's Intervention: Byju Raveendran

29/06/2023

The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future

PayU India Business Grows 31% To $399 Million In FY23

28/06/2023

Prosus holds a 9.6 per cent effective interest in BYJU'S

Swiggy Introduces Platform Fee Of Rs 2 Per Order

29/04/2023

The move is likely to help Swiggy lower its cash burn, which is a lot more than what Zomato was burning

OLX To Lay Off 1500 Employees: Report

31/01/2023

The development came one week after Dalal Street Asia reported that OLX is planning to downsize its operations in Indonesia and put the auto business on sale

Fintech Firm PayU India Lays Off 150 Employees: Report

26/12/2022

Since the beginning of 2022, nearly 18,000 employees have lost their jobs in the Indian tech sector