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Indian fintech Navi has successfully raised $100 million from Prosus, marking its first institutional funding since its inception eight years ago by Flipkart co-founder Sachin Bansal. This investment values Navi at approximately $1.3 billion and comes as the startup aims to raise external capital at...
On June 29, Prosus released its financial results for the fiscal year ending March 31, 2026, reporting a 57% year-on-year increase in ecosystem revenue, reaching $9.7 billion. The company also saw an 84% rise in adjusted EBITDA, totaling $1.3 billion, and achieved a record high in free cash flow of...
Meituan, a prominent Chinese food delivery platform, experienced a significant stock decline of over 4% on July 31, reaching a two-week low. This drop was triggered by the major shareholder Prosus, which discreetly sold approximately $250 million worth of its shares. Following this transaction, Pros...
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
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