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TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.- Bay Capital launches digital fund, appoints Sandeep Barasia, Tej Kapoor as partnersBay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej ...
- Naspers gets CCI's clearance to buy minority stake in Vastu Housing Finance CorpThe Competition Commission of India has approved Naspers Ventures' acquisition of a minority stake in Vastu Housing Finance Corporation Ltd...
- Prosus plans to raise stake in parent Naspers to 50% in share swap dealThe Prosus-Naspers share swap deal will move part of their shareholding in China's Tencent Holdings to Amsterdam in The Netherlands from Jo...
- Naspers banks on ecommerce boom post pandemic for growthNaspers benefited during the lockdown as more people shifted online for shopping, food, making payments, or learning.
- Naspers to bet on machine learningNaspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...
- Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portalChinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
- Naspers is said to eye fintech deals in $1 billion India pushNaspers is the largest shareholder has around $9 billion in cash after trimming its stake last year and selling Indian e-commerce startup F...
- USD 600 million investment in Swiggy reflects commitment to multiple sectors in India: NaspersNaspers' investment made up the bulk of a USD 1 billion investment in Swiggy, announced on Thursday, that also included Chinese giant Tence...
- Naspers bullish on food delivery, classifieds, fintech: Bob van DijkNaspers recorded a $2.2 billion exit from Flipkart, India’s largest domestic online retailer, post the latter’s acquisition by Walmart earl...
- Naspers scores! South African company notches Flipkart winThe move helps to line the pockets of the media and technology company, which is scouring the globe for investments to convince shareholder...
- Naspers hits the market with $10 bn from Tencent stake saleNaspers plans to use the capital to scale and consolidate its position in "core ecommerce segments" globally.
- A company's 60,000% runup leads to one of the biggest VC payoffs everThe stake Naspers bought for just $32 million in 2001, when Tencent was an obscure Web firm in a nation where few people used the Internet,...
- Naspers lines up billions for tech investmentsNaspers has become one of the world’s largest investors in e-commerce ventures as it tries to build on the success of its early stage inves...
- Naspers added $71 million to hold 16% in Flipkart"The additional interest was acquired from existing shareholders of Flipkart. Following the investment, the group holds a 16% interest in F...
- Naspers wants more of India, opens VC arm in hunt for goldThe firm has roped in Ashutosh Sharma, who till recently was with the India team of Silicon Valley-based venture capital firm Norwest, to l...
- South African media conglomerate Naspers invests another $250 million in Ibibo GroupFollowing this latest round of investment, Naspers will hold about 90% stake in the nine-year-old company.
- South African media giant Naspers looking to India for growthNaspers has decided that it wants to focus its investments in areas with strong internet growth potential rather than in mature markets thr...
- Naspers increases Flipkart stake to 17.7%; invests over Rs 307 crore in MayNaspers did not disclose the valuation at which it made the investment. Last year, Flipkart was valued at Rs 9,636 cr when Napsers invested...
- South Africa’s Naspers may acquire RedBus; deal values bus ticket website at $100 mnNaspers may pay a rich valuation for RedBus — almost ten times its $10-million net revenue — given that the latter is a strong leader in do...
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