Naspers
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Naspers ups stake in Flipkart with $71 mn top-up
South African technology conglomerate Naspers has invested an additional $71 million (about Rs 458 crore) in Flipkart, taking its stake ......
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Consolidation in food-tech space signifies maturity: Foodpanda's Saurabh Kochhar
Consolidation signifies maturity and progression and may even be a harbinger of profitability, Foodpanda India CEO Saurabh Kochhar told delegates ......
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MakeMyTrip Q4 net revenue jumps 65% after ibibo merger
MakeMyTrip Ltd, India’s largest online travel services firm, reported a 64.5% surge in net revenue for the quarter through March ......
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Lending startup Paysense bags $5.3 mn from Jungle Ventures, others
Mumbai-based Paysense Services India Pvt. Ltd, which offers personal loans, has raised $5.3 million (Rs 34 crore) in Series A ......
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MakeMyTrip raising $330 mn from Naspers, others
Nasdaq-listed online travel services provider MakeMyTrip Ltd is raising $330 million (Rs 2,116 crore) from South African technology group Naspers, ......
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Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?
Online food ordering startup Swiggy.com is said to be in talks to raise at least $50 million (around Rs 325 ......
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Flipkart suffers yet another valuation markdown
Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of ......
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Morgan Stanley slashes Flipkart valuation to $5.39 bn
Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan ......
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Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn
Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in ......
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Naspers-owned PayU leads Series A round in ZestMoney
Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 44 crore) in a ......