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Naspers to lead new $900-mn funding round in food delivery app Swiggy

TMT

18 October, 2018

Naspers to lead new $900-mn funding round in food delivery app Swiggy

Online food delivery startup Swiggy is close to finalising a term sheet to raise up to $900 million (about Rs ......

Ola in funding talks at $7-8 bn valuation; TPG, Blackstone bid for Jet's loyalty programme

General

24 September, 2018

Ola in funding talks at $7-8 bn valuation; TPG, Blackstone bid for Jet's loyalty programme

Homegrown cab-hailing major Ola is in talks with South African e-commerce giant Naspers to raise fresh funds at a valuation ......

Tencent lines up big-ticket Swiggy investment; Jindal Steel & Power mulls breakup

General

04 September, 2018

Tencent lines up big-ticket Swiggy investment; Jindal Steel & Power mulls breakup

Food-tech startup Swiggy is reportedly on course to raise its third mega funding round of this year, according to a ......

Naspers-owned PayU leads Series B round in online lending platform PaySense

TMT

20 July, 2018

Naspers-owned PayU leads Series B round in online lending platform PaySense

Mumbai-based Paysense Services India Pvt. Ltd, which operates an online consumer lending platform, has raised $18 million (Rs 123.88 crore) ......

StanChart PE to acquire Naspers' stake in Travel Boutique Online

TMT

18 July, 2018

StanChart PE to acquire Naspers' stake in Travel Boutique Online

Standard Chartered Private Equity has agreed to acquire global internet and entertainment group Naspers’ full stake in Travel Boutique Online ......

Swiggy gets unicorn tag as Naspers, DST lead investment in food delivery startup

TMT

21 June, 2018

Swiggy gets unicorn tag as Naspers, DST lead investment in food delivery startup

In its biggest-ever fundraise till date, online food delivery startup Swiggy has secured $210 million (around Rs 1,400 crore) in ......

Swiggy seeks unicorn status, in talks to raise $250 mn

TMT

15 May, 2018

Swiggy seeks unicorn status, in talks to raise $250 mn

Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......

These marquee investors gave Flipkart a miss

TMT

11 May, 2018

These marquee investors gave Flipkart a miss

When a startup is desperate for cash, it inevitably meets every investor in town—which is what Flipkart did in its ......

Walmart-Flipkart deal: Naspers earns four-fold returns in big India exit

TMT

09 May, 2018

Walmart-Flipkart deal: Naspers earns four-fold returns in big India exit

South Africa-based internet group Naspers said on Wednesday it has sold its entire 11.18% stake in Indian online retailer Flipkart ......

Naspers leads $100 mn round in food delivery startup Swiggy

TMT

08 February, 2018

Naspers leads $100 mn round in food delivery startup Swiggy

Online food delivery startup Swiggy.com, run by Bengaluru-based Bundl Technologies Pvt. Ltd, has raised $100 million (Rs 640 crore) in ......