Ema raises $77M as AI starts eating into enterprise software and services
Ema has raised $140 million to date and has more than 50 enterprise customers, including Google and Microsoft.
Prosus
Sachin Bansal’s fintech Navi raises first outside capital with $100M Prosus investment
The investment comes amid Navi plans to go public.
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 merchants and value-conscious consumers.
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.
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.