CCI approves Ctrip acquisition of 42.5% stake in MakeMytrip
The transaction values MMT at over $2.57 billion based on Ctrip share price early on Tuesday.
Meesho bags $125 million from Facebook, Naspers & others
Meesho offers solutions for discovery, logistics and payments to enable easier trans...
Fintech company PayU India names key leadership hires
The company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership t...
37-year-old former school teacher is India’s newest billionaire
Byju joined the rarefied club after his Think & Learn Pvt scored $150 mn in funding earlier this month.
Meesho is in talks with Naspers for $120 million round
vThe investment, if it goes through, is expected to take Meesho’s valuation to $600-650 million, almost three times more than its previous funding round.
India continues to be a big growth driver for Naspers
Terming FY19 as “transformational”, the company said almost all its revenue came from online activities.
PayU India to fill empty slots on top
The transition comes at a time when firm’s rivals are closing the gap.
Swiggy in talks with South Korean funds to raise up to $500 million
The round is learnt to be led by Swiggy’s largest investor, South African internet giant Naspers. The exercise is expected to value the company at around $4 billion.
Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portal
Chinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
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