Consultant picture Bengaluru: Prosus has invested USD 8.6 billion in India and continues to see robust potential within the area, mentioned Fabricio Bloisi, CEO of Prosus and Naspers, in an replace to shareholders marking 10 months into his position and the shut of FY2025. “India presents Prosus with unimaginable alternative,” Bloisi mentioned. “In late 2024,…
BENGALURU: Accel secured $650 million for its eighth India-focused fund, as proven within the US SEC filings. This dedication demonstrates confidence in India’s rising startup ecosystem, regardless of international financial uncertainties affecting funding sentiment.With this capital, Accel intends to reinforce its backing for each nascent ventures and present portfolio corporations throughout sectors. This capital elevate…
Preliminary public choices (IPOs) of eight new-age web corporations this yr unlocked over Rs 8,500 crore for workers from their excellent inventory choices. Spectacular as it’s, this pales compared to the practically Rs 34,000 crore in wealth amassed by founders and promoters by fairness and share choices, as revealed within the corporations’ purple herring prospectuses…
