Naspers
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Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn
The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building...
TMT
Astarc Ventures leads funding in ed-tech startup SOAL
Early-stage venture capital firm Astarc Ventures has led a funding round of $300,000 (Rs 2.1 crore) in Mumbai-based ed-tech firm...
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Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets
Former Tiger Global Management executive Lee Fixel is looking to invest around $1 billion (Rs 7,149 crore at current exchange...
TMT
Naspers spin-off Prosus soars 25% on Amsterdam trading debut
Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their ......
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Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun
Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of...
TMT
How Naspers built its Indian empire as it readies for $100-bn listing of web assets
In December last year, food delivery company Swiggy received its biggest cheque—$1 billion—from investors to date....
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Grapevine: Temasek, TrueNorth, CPPIB eye Biocon unit stake; PayU may buy PaySense
Singapore state investor Temasek, private equity firm TrueNorth, and Canadian Pension Plan Investment Board (CPPIB) are in separate...
TMT
Meesho, ShareChat get big-ticket cheques in busy VC funding week
Meesho and ShareChat raised big-ticket cheques in a busy week for venture capital investments in tech startups this week. While ......
TMT
Naspers leads $125 mn funding in social commerce firm Meesho
Bengaluru- and California-based Meesho, an online marketplace for resellers, on Monday said it has raised $125 million (Rs 885.7...
General
Grapevine: Swiggy raising $750 mn afresh; Blackstone may buy late coffee baron's IT park
Online food delivery startup Swiggy is in advanced talks to raise up to $750 million (Rs 5,196.5 crore at current ......
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