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NASPERS INVESTMENT
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 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 is said to plan further investment in $2 billion SwiggyAfrica’s largest company by market value has indicated that it intends to support a financing that could raise more than $600 million, Swig...
- 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...
- 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 ...
- 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...
- 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.
- 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...
- 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...
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