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Naspers

Naspers ups stake in Flipkart with $71 mn top-up

TMT

27 June, 2017

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 ......

Consolidation in food-tech space signifies maturity: Foodpanda's Saurabh Kochhar

TMT

16 June, 2017

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 ......

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

TMT

20 May, 2017

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 ......

Lending startup Paysense bags $5.3 mn from Jungle Ventures, others

TMT

18 May, 2017

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 ......

MakeMyTrip raising $330 mn from Naspers, others

TMT

03 May, 2017

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, ......

Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?

TMT

27 March, 2017

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 ......

Flipkart suffers yet another valuation markdown

TMT

03 March, 2017

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 ......

Morgan Stanley slashes Flipkart valuation to $5.39 bn

TMT

28 February, 2017

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 ......

Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn

TMT

25 January, 2017

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 ......

Naspers-owned PayU leads Series A round in ZestMoney

TMT

07 December, 2016

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 ......