A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Naspers, now Africa’s largest public company thanks to its investment in China’s Tencent, has appointed Phuti Mahanyele-Dabengwa its first woman, and first black person, as CEO of its SA business ahead of an offshore listing of its valuable…
Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital and Wellington Management…
Naspers and Canada’s state pension fund have invested $540 million (R7.77 billion) in Indian educational technology startup Byju’s. Bengaluru-based Byju’s launched a learning app in 2015 that offers tools for school students in India, a country with the world’s largest number of children in primary education. The latest investment values the firm at around $3.6…
