Naspers and CPPIB back Byju's, valuation jumps to $3.6 billion
The round is being led by Naspers Ventures, the venture arm of South African media giant best known for its early bet on China's Tencent.
Naspers hits the market with $10 bn from Tencent stake sale
Naspers plans to use the capital to scale and consolidate its position in "core e...
ZestMoney raises $20m in fresh round
ZestMoney said it would utilise the capital to broaden its technology focus.
Food delivery, fintech and classifieds in Naspers’ list
Naspers will continue to bet on India, a market that has emerged as one of the most lucrative landscapes for the global strategic investor, which has pumped in over $2 billion in Asia’s third-largest economy till date.
Naspers may put $15m in HungerBox
HungerBox offers technology solutions to digitise and manage corporate cafeteria operations, undertake food safety and compliance and curate vendors on its platform.
Cashing in: 7 payment gateways for small businesses
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Naspers is said to plan further investment in $2 billion Swiggy
Africa’s largest company by market value has indicated that it intends to support a financing that could raise more than $600 million, Swiggy’s biggest to date.
PharmEasy and Ascent Health in merger talks
Boards of two firms believed to have given in-principle nod for an all-stock transaction.
Olx India to focus on business expansion for now, monetisation after clocking 10-fold growth
Also, the online classifieds platform aims to double its monthly active users to 10 crore from the current 5 crore.
PayU Money wallet to shut, co to focus on credit play
Having bought out Citrus Pay in 2016, PayU India ended with two e-wallet entities, after the acquisition.
Food delivery firm Swiggy raises $1 bn in Naspers-led funding round
Online food delivery company Swiggy said it had raised $1 million in its latest funding round, led by South African internet group Naspers L...
Mobility startups attract big bucks
Another area seeing investor action is car & bike pooling, where Quick Ride is learned to have got around $15 million from Naspers.
Naspers bullish on food delivery, classifieds, fintech: Bob van Dijk
Naspers recorded a $2.2 billion exit from Flipkart, India’s largest domestic online retailer, post the latter’s acquisition by Walmart earlier this year.
Razorpay in talks for Sequoia-led $100 million infusion
The fresh capital will be largely used for expansion of the new businesses of the company, known as Razorpay 2.0.
Fintech pivots to UPI as most prefer it for loan payment
Expert says UPI payment experience is smooth & users love the way transaction is carried out.
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