Naspers said its wholly-owned subsidiary, Myriad International Holdings B.V. will be exploring the possibility of an international USD bond offering by meeting potential investors on a roadshow. Naspers said proceeds from the offering if completed, are expected to be used for general corporate purposes and to repay MIH B.V.’s existing […]
Naspers, Africa’s largest technology investor said it led an USD80 million Series E investment in India-based Swiggy, an online food ordering and delivery platform in India. Naspers said Ashutosh Sharma, head of investments in India for Naspers, will join the Swiggy board. The investment will help to bolster Swiggy’s growth […]
Naspers Limited has invested USD5 million in Coins a Southeast Asia’s leading blockchain-enabled mobile payments platform. The latest raising brings the total amount raised by Coins in its Series A to over US$9.4M. As one of the first examples of a digital financial service built on top of blockchain technology […]
Naspers and host of other tech investors have invested USD5.3 million in PaySense. The series A funding led by Jungle Ventures, Nexus Venture Partners with the participation of Naspers. Before this raising, PaySense had received USD2.3 million from Nexus Venture Partners and prominent global angels. Prashanth Ranganathan, Co-Founder and CEO of […]
Naspers, Africa’s largest tech startup investor and media entertainment company said it is in talks with MTN Group, to supply pay-TV content to MTN subscribers. Naspers spokeswoman Meloy Horn told Reuters News Agency via phone conversation that “We are in discussions with MTN regarding a content supply agreement,” It is […]
MWEB, an ISP owned by Naspers has been fully acquired by Internet Solutions. MWEB is one of South Africa’s largest Internet service provider. Naspers disclosed that Internet Solutions is making the acquisition of MWEB Connect (Pty) Ltd., through its parent company, Dimension Data (Pty) Ltd. The bid to buy MWEB […]
Naspers, the largest tech startup investor in Africa has invested EUR387 million for a minority stake in Delivery Hero. Delivery Hero is German online food ordering and delivery marketplace with 37.7% (on a fully diluted basis) owned by Rocket Internet. Rocket Internet had sold Foodpanda to Delivery Hero in 2016 […]
PayU, one of Naspers fintech startups said it has invested about EUR110 million in a German fintech startup called Kreditech. As part of the deal, PayU will own some sizeable stake in Kreditech. Naspers said Kreditech will use the investment to expand its Lending as a Service (LaaS) offering and […]
One of Naspers tech investment in India, MakeMyTrip has announced that it will raise USD330 million via ‘definitive’ share purchase agreements for a total sum of USD330 million. Under the agreement, MakeMyTrip will issue 4,583,334 ordinary shares in the aggregate to investors at a price of $36 per ordinary share. […]
For the second time within a calendar year, DSTV Nigeria, a Naspers Limited company has announced a new set of subscription rate hikes for all its bouquet. A statement signed by the Managing Director of the company in Nigeria, John Ugbe, the company said: “Dear DStv customer, due to a […]