Naspers
E-Commerce
Startup Inspiration: Flipkart founder Sachin Bansal
After having led Flipkart to its glory, Bansal started Navi Technologies and is pursuing opportunities in the banking financial services and insurance sector
Co-founder of homegrown e-commerce marketplace Flipkart Sachin Bansal is known as the flag-bearer of the Indian startup ecosystem. The...
Food
Swiggy raises US $210 million from Naspers, DST Global
IANS -
Indian online food ordering and delivery platform Swiggy on Thursday said it raised US $210 million in a Series G funding from South Africa's Cape Town-based internet company Naspers and Hong Kong-based internet investment firm DST Global.
This seventh round...
Retail
Walmart inches closer to sealing deal with Flipkart
Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for as much as US $12 billion, even though rival Amazon is still jostling to turn the deal in its favour.
According...
Food
Swiggy raises US $100mn in funding from global players
IANS -
Food order and delivery platform Swiggy on Thursday said that it has raised US $100 million in Series F funding from global players, Naspers and Meituan-Dianping.
"Led by Naspers, a global internet and entertainment group... The series also includes new...
International News
Naspers’ Turkish e-commerce site, Markafoni to discontinue operations
Naspers’ Turkish e-commerce site, Markafoni announced on Thursday on its website that it will discontinue operations and close, effective 30 June, 2017.
Markafoni is an online shopping e-commerce site for Turkish consumers which deals in clothing and fashion accessories.
“Despite initial success, the business...
Food
Swiggy raises US $80 million in Series E funding led by Naspers
Swiggy, India’s leading food ordering and delivery platform, has raised US $80 million in series-E funding. The deal was led by Naspers, a global Internet and entertainment group, and one of the world’s largest technology investors, with earlier investors...
Food
foodpanda raises € 387 million from Naspers
foodpanda, India’s leading online marketplace for food delivery has shared that Naspers, a global Internet and entertainment group and one of the world’s largest technology investors, is investing EUR 387 million (US $431.45 million) into parent company Delivery Hero,...
Food
Takeaway startup Delivery Hero raises €387 million from Naspers
Online food takeaway firm Delivery Hero, one of Europe’s biggest start-ups, has raised 387 million euros by issuing new shares to South African media and e-commerce firm Naspers.
This investment will help fuel Delivery Hero's growth plans. Naspers will also...
Retail
Naspers Increases Stake in Flipkart to 17.7%
South-Africa based Internet company Naspers has increased its stake in Flipkart to 17.7 percent, as announced in its provisional financial report, according to a leading daily.
Naspers held a stake of 16.7 percent in Flipkart in May until it further...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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