Prosus is putting $100mn into Navi, at a lower price than it once wanted
Navi, the Indian fintech founded by the Flipkart co-founder Sachin Bansal, has raised $100mn from the investor Prosus. It is the first outside institutional funding for the eight-year-old company, TechCrunch reported. Navi is preparing to go public. The deal values Navi at about $1.3bn, according to people familiar with the matter cited by TechCrunch. Navi […]<br /> This story continues at The Next Web [...]
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Prosus profit roughly doubles as its e-commerce bets and Tencent stake pay off
For years Prosus was, in effect, a single bet wearing the costume of a diversified investor: a sprawling portfolio whose value rose and fell with one Chinese asset. Its latest results suggest the cost [...]
Prosus targets $3.6bn from Just Eat in European food-delivery push
Prosus is targeting $3.6bn in annual revenue from Just Eat Takeaway, the European food-delivery business it bought for €4.1bn last year, the Napers-controlled investor said in a strategy update on T [...]
Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled
Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that [...]
Prosus launches ToqanClaw, an OpenClaw-style tool builder for its 5m merchants
The Amsterdam-listed group is putting conversational app-building in front of restaurants and shopkeepers, the users it says AI has so far left behind. Prosus has launched ToqanClaw, a platform that l [...]
Just Eat Takeaway acquired for €4.1B in one of Dutch tech’s largest-ever deals
Europe’s biggest food delivery firm Just Eat Takeaway.com is set to be acquired by tech investor Prosus for €4.1bn, in one of the biggest acquisitions in the history of Dutch tech. Prosus — th [...]
The 6 best Mint alternatives to replace the budgeting app that shut down
It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]