Chinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.

Naspers is the largest shareholder has around $9 billion in cash after trimming its stake last year and selling Indian e-commerce startup F...

Naspers recorded a $2.2 billion exit from Flipkart, India’s largest domestic online retailer, post the latter’s acquisition by Walmart earl...

TBO offers services such as airline, train and hotel reservations and holiday package deals to travel agents and acts as an aggregator of t...

The 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,...

Investment in Travel Boutique Online could potentially provide Naspers a blockbuster exit

Naspers is said to have approached online travel services providers MakeMyTrip and Yatra, as well as financial investors for its stake in t...

Ibibo will also carve out its 14% stake in PayU and 52% in Tek Travels before the transaction closes, with MakeMyTrip entitled to a payout ...

The firm has roped in Ashutosh Sharma, who till recently was with the India team of Silicon Valley-based venture capital firm Norwest, to l...

Internet conglomerate is also scouting for deals in healthcare, logistics and AI sectors

Following this latest round of investment, Naspers will hold about 90% stake in the nine-year-old company.

The investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, ibibo ...

Le Moal joins with an 11 year experience with PayPal and would be building the company’s position in growing markets around the world.

In a career spanning over 20 years, Moondhra has worked with companies including, AT&T, Baring Private Equity and Bharti Group in various c...

In 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, 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...

Naspers 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...