Sachin Bansal’s fintech Navi raises first outside capital with $100M Prosus investment
The investment comes amid Navi plans to go public.
Accel, Prosus pick six ‘off-the-map’ startups for inaugural India cohort
The six startups were selected from over 2,000 applications and will receive $500,000 to $2 million each.
Indian SpaceX rival EtherealX hits 5x valuation as it readies engine tests
EtherealX is ramping engine tests and building a 150-acre rocket campus in India as it targets a 2027 launch mission.
Meesho’s $606M IPO pops as enthusiasm for India’s e-commerce startups rises
Meesho had a good first day as a public company, with its shares climbing as much as 46% from its issue price as investors jumped to grab a piece of the company built around small…
Accel backs Uber rival Rapido as Prosus boosts stake
TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus.
Accel and Prosus team up to back early-stage Indian startups
Prosus will match Accel’s investment in Indian startups under this partnership.
Uber-rival Rapido doubles valuation to $2.3B following Swiggy stake sale
Swiggy has offloaded its entire 12% stake in Rapido for about $270 million through two separate deals.