BlackRock cuts BYJU’s valuation to $1 bn
It’s around a 95% drop in the valuation of a company valued at $22 billion in early 2022
naspers
January 2024
July 2023
September 2022
January 2020
September 2019
April 2019
March 2019
December 2018
Prosus breaks silence on Byju's; calls out for disregarding advice
Going overboard with acquisitions over the past couple of years, aided by heavy investor funding to the tune of over $2 billion since the onset of the pandemic, it has hit Byju's where it hurts
CCI nod to PayU’s $4.7 billion acquisition of BillDesk
The deal is touted to be the second largest internet deal after the acquisition of Flipkart by the U.S. retail behemoth Walmart Inc.
Zomato acquires Uber Eats in all-stock deal
The latest event of consolidation in the food tech space will further expand Zomato’s reach and give Uber a stake in a fast-growing restaurant aggregator.
Swiggy Go launched in Bengaluru
Swiggy Go will deliver all sundry items including laundry products, lunch boxes, documents, and parcels to the customer’s doorstep.
PayU buys Wibmo for $70 million
PayU and Wibmo will run separate operations though the teams at both companies will join hands to offer unique business solutions to their customers.
Can Swiggy take more orders?
Swiggy, which started doorstep delivery of home essentials recently, has the advantage of an existing network. But it will take more for it to find its niche in a space led by Big Basket and Grofers.
Unicorns: Beyond their wildest dreams
2018 belongs to unicorns in India, with eight startups achieving a valuation of $1 billion. As firms continue to attract funding from global investors, the unicorn party is far from over.
Swiggy raises $1 billion in Naspers-led funding round
The Bengaluru-based startup plans to bring more quality food brands closer to consumers and address gaps in supply.
Byju’s raises $540 mln from Naspers, CPPIB
The startup was valued at $3.6 billion.
