Urban Company, a tech-enabled home services marketplace, has raised Series F funding of USD 255 million. The Series F round was led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger Global and Steadview. With this latest investment, Urban Company is now valued at $2.1 billion. The latest round includes a…
ElasticRun, a Kirana Commerce Platform that enables businesses to reach small Kirana stores in the deep rural parts of India, announced it has raised $75 million in its Series D financing round co-led by existing investors Avataar Ventures and Prosus Ventures, according to TechCrunch report. Existing investor Kalaari Capital also participated in the round, which…
Urban Company, an on-demand home service provider, has raised $190 million from investors led by Prosus (formerly Naspers), regulatory filings sourced from Tofler show. The deal more than doubles the company’s valuation to $2 billion. In its last funding round, led by Tiger Global in 2019, it was valued at $933 million. Urban Company is…
API Holdings, the parent company of Mumbai-based online pharmacy PharmEasy, has raised an investment of $350 million from Prosus Ventures and US-based private equity firm TPG Capital, according to ET report. Prosus Ventures (previously Naspers Ventures) has backed Indian technology startups like Swiggy, Byju’s and Meesho. The deal is estimated to have valued Pharmeasy at…
DotPe, an offline-to-online commerce platform, announced it has raised $27.5 million in Series A funding led by its early investor, PayU, the payments and fintech business of Prosus, resulting in an increase in the existing stake in the company. Info Edge Ventures has doubled down on its seed investment in the company made last year…
DeHaat, a Gurugram and Patna-based online marketplace for farm services and products, has raised $30 million in its Series C round led by Prosus Ventures. RTP Global and existing investors Sequoia Capital India, FMO, Omnivore and AgFunder also participated in the round. Till now, the startup raised a total of $46 million in equity and…
Brainly, the world’s largest online learning platform from Poland, announced the successful completion of an $80M Series D round led by Learn Capital, Prosus Ventures, Runa Capital, MantaRay, and General Catalyst Partners. Till now, the startup raised a total of $150 million in funding. The startup will utilise the capital raised to bring new products…
Eruditus, an edtech startup that partners with top-tier universities across the United States, Europe, Latin America, India, and China to bring professional education to a global audience at an affordable price, announced that it has raised $113 million in funding led by Leeds Illuminate and South African internet giant Prosus Ventures (Formerly Naspers Ventures). Other…
Naspers-backed Prosus, the global consumer internet-focused investor, announced it has committed Rs 100 crore to the PM CARES Fund, the disaster relief trust set up to combat the Covid-19 pandemic. The commitment by Prosus is possibly the largest by a single risk capital investor in India so far, and comes 10 days after a number…
Swiggy, an online food ordering platform announced it has raised $113 million funding led by existing investor Prosus Ventures, formerly known as Naspers Ventures. Post this funding, Swiggy’s valuation stands at nearly $3.6 billion. Other existing investors such as Hadley Harbour Master Investments and Chinese local services platform Meituan, also participated in the round, as…