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Top News In Prosus Venture Today - Breaking & Trending Today

Margins remain a pain point for organised FMCG supply-chain companies

Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave.

Why are companies finding it difficult to sustain the supply-chain business?

Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low. ....

Devangshu Dutta , Sandeep Deshmukh , Anshuman Singh , Stellar Value Chain Solutions , Competition Commission Of India , Stellar Value Chain , Third Eyesight , Competition Commission , Prosus Venture , Amazon Distribution ,

An obituary of Naspers Foundry

A look at the life and times of the Naspers Foundry, Naspers's $77 million venture capital which was shut down on March 13th,2023. ....

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Indian food delivery giant Swiggy to cut 380 jobs

Swiggy plans to lay off 380 jobs and shut down its meat marketplace as the Indian food delivery giant looks to navigate the market downturn. ....

Sriharsha Majety , Prosus Venture , Softbank Backed Indian , Kalyan Krishnamurthy ,

The Week that Was: Indian Startup News Overview (06-09 August)

The Week that Was: Indian Startup News Overview (06-09 August)
siliconindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconindia.com Daily Mail and Mail on Sunday newspapers.

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Indonesia "sea-to-table" platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund – TechCrunch

Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund
When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This means fisheries, especially small ones, deal with fluctuations in demand and price instability. Aruna was created to bring them closer to customers like restaurants and exporters, the way farm-to-table startups are aggregating the agricultural supply chain.
Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures. Aruna says this is the largest Series A investment to date in Indonesia’s agritech and maritime sector. ....

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