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NASPERS INVESTMENT IN INDIA
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...
- India continues to be a big growth driver for NaspersTerming FY19 as “transformational”, the company said almost all its revenue came from online activities.
- 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...
- InCred plans to raise Rs 1,000 cr via equity sellingInCred focuses on lending into affordable housing, small and medium enterprises, education and consumer finance.
- 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 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,...
- B2B travel co Travel Boutique Online has a clutch of PE suitorsInvestment in Travel Boutique Online could potentially provide Naspers a blockbuster exit
- 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.
- 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...
- Cash-strapped Flipkart raises $150 millionNasper is leading $150-million investment in online retailer Flipkart, a deal which is said to secure the company's finances for next three...
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