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NASPERS GROUP
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 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...
- 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 exits B2B platform Travel Boutique OnlineTBO offers services such as airline, train and hotel reservations and holiday package deals to travel agents and acts as an aggregator of t...
- 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,...
- B2B travel co Travel Boutique Online has a clutch of PE suitorsInvestment in Travel Boutique Online could potentially provide Naspers a blockbuster exit
- Naspers scouts for buyers to exit travel boutique onlineNaspers is said to have approached online travel services providers MakeMyTrip and Yatra, as well as financial investors for its stake in t...
- MakeMyTrip to issue shares worth $960 million for ibibo Group acquisitionIbibo will also carve out its 14% stake in PayU and 52% in Tek Travels before the transaction closes, with MakeMyTrip entitled to a payout ...
- 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...
- Naspers makes a comeback to India; Eyes domestic fin-tech companiesInternet conglomerate is also scouting for deals in healthcare, logistics and AI sectors
- 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.
- ibibo Group to receive $250 million investment from NaspersThe investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, ibibo ...
- PayU appoints Laurent Le Moal as new global CEOLe Moal joins with an 11 year experience with PayPal and would be building the company’s position in growing markets around the world.
- PayU appoints Aakash Moondhra as its global CFOIn a career spanning over 20 years, Moondhra has worked with companies including, AT&T, Baring Private Equity and Bharti Group in various c...
- Koos Bekker’s fortune was founded on one investment in China’s TencentIn 2001 Naspers, the media group he chairs, put $32 million into a then-obscure Web company called Tencent. Its stake today is worth $66 bn.
- Flipkart valued at around $1.6 billion, says Naspers interim financial reportFlipkart, which raised $360 million (about Rs 2,250 crore) in two rounds this year, was valued at around $1.6 billion (Rs 9,900 crore) in J...
- 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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