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Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets

General

16 September, 2019

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 ......

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

TMT

11 September, 2019

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 ......

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

General

03 September, 2019

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 ......

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How Naspers built its Indian empire as it readies for $100-bn listing of web assets

TMT

30 August, 2019

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. But that isn’t the ......

Grapevine: Temasek, TrueNorth, CPPIB eye Biocon unit stake; PayU may buy PaySense

General

21 August, 2019

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 discussions with ......

Meesho, ShareChat get big-ticket cheques in busy VC funding week

TMT

16 August, 2019

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 ......

Naspers leads $125 mn funding in social commerce firm Meesho

TMT

12 August, 2019

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 crore) ......

Grapevine: Swiggy raising $750 mn afresh; Blackstone may buy late coffee baron's IT park

General

02 August, 2019

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 ......

Naspers leads funding round for learning platform Brainly's India expansion

TMT

26 July, 2019

Naspers leads funding round for learning platform Brainly's India expansion

Learning platform Brainly, Inc. has raised $30 million (about Rs 207 crore at current exchange rate) in a funding round ......

Grapevine: Swiggy looks to raise $500 mn; GVK may get PSP help to ward off Adani

General

15 July, 2019

Grapevine: Swiggy looks to raise $500 mn; GVK may get PSP help to ward off Adani

Food delivery unicorn Swiggy is looking to raise $500 million from existing investors Naspers and Tencent as well as a ......