Tag: Naspers

Naspers announced $540 million investment in BYJU’S
Tech

Naspers announced $540 million investment in BYJU’S

Naspers said it led a combination primary and secondary US$540 million investment in BYJU’S, the creator of the most popular K-12 learning app in India. The group said a significant portion is also being contributed by the Canadian Pension Plan Investment Board (CPPIB). The investment will drive the BYJU’S team […]

Naspers invests $1 billion in Swiggy
Global Tech

Naspers invests $1 billion in Swiggy

South Africa’s Naspers said that it has executed definitive agreements to lead a USD one billion Series H round in Swiggy, India’s largest food delivery platform with a US$660m investment. The company said in a statement that the round includes participation from several existing investors including DST Global, Meituan Dianping […]

Naspers’ OLX buys stakes in Webuycars
Tech

Naspers’ OLX buys stakes in Webuycars

Naspers’ wholly-owned subsidiary, OLX Group, said it made an investment of ZAR 1.4 billion in Webuycars. Webuycars is South African-based used car marketplace offering a specialised car buying service to sellers and was founded 17 years ago by Faan and Dirk van der Walt. The hands-on entrepreneurs have built the […]

Naspers-backed Movile raises $124 million
Global Tech

Naspers-backed Movile raises $124 million

Naspers said it alonside Brazilian investment fund, Innova Capital invested US$124million dollars in Movile. Naspers said in a statement that the fresh capital will be used for the expansion of several of the group’s companies, including Zoop and Sympla, in addition to scaling iFood’s business with an investment in logistics. […]

Naspers invests $210 Million in Swiggy
JSE SENS Tech

Naspers invests $210 Million in Swiggy

Naspers Limited said it made an additional investment in Swiggy, an online food ordering and delivery platform in India. The Series G investment round is expected to close upon satisfaction of customary closing conditions. The participation in this US$210m Series G funding round is Naspers’ third investment in Swiggy, after […]