Prosus Ventures

Discover how Indian food delivery startup Swiggy is looking to raise up to .4 billion in its upcoming initial public offering (IPO), potentially becoming one of India's largest public listings in 2024. With plans to increase the fresh issue component and sell existing shares, Swiggy aims for a valuation of billion. Learn about the company's competition, market trends, and its ambition to capitalize on the growing demand for food delivery and quick-commerce services in India.

Discover the latest news on Indian edtech startup Eruditus, as it enters advanced talks to secure 0 million in funding. Led by TPG, this investment round could value Eruditus at up to .3 billion, contingent on meeting performance targets. With impressive backers like Chan Zuckerberg Initiative and SoftBank, Eruditus aims to expand its global reach and solidify its position as a leading executive education provider. This funding could breathe new life into the struggling edtech sector, which has been impacted by the reopening of schools post-pandemic and the collapse of Byju's. Stay tuned for updates on this potential game-changer for the Indian edtech market.

Discover how Meesho, a prominent e-commerce startup in India, secured 5 million in funding and achieved a valuation of .9 billion. Learn about Meesho's success in attracting value-conscious Indian consumers with its affordable and diverse range of unbranded products. Find out how the company's algorithm prioritizes listings and offers competitive prices, as well as its significant share of India's third-party logistics shipment. Understand the increasing competition in the market, including Amazon's entry into the value-conscious consumer segment. Explore the challenges and opportunities for Meesho as it strives to maintain its position in the market.