Cape Town-founded agritech start-up Aerobotics has raised $17-million in a series-B funding round led by Naspers.
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Prosus is investing in agritech company DeHaat in a bet on India’s $350-billion farming industry. The group led a series-C funding round of $30-million that DeHaat will use to expand.
Dimension Data is looking for a buyer for its Mweb Internet service provider business and has appointed Standard Bank to lead the sale process, TechCentral has learnt from an impeccable source.
Prosus is on the lookout for acquisitions after the Dutch e-commerce giant reported a 28% rise in first-half earnings and a net cash position of US$4.3-billion.
Naspers has agreed to invest R45-million for a stake in online learning platform The Student Hub, which helps TVET colleges overcome physical infrastructure constraints.
Prosus, the giant investor in online classifieds, food delivery and payments, expects to report a 16.9% to 22.7% growth in earnings per share for the six months to the end of September, it said on Monday.
MultiChoice Group has expanded its repertoire with an agreement to buy a 20% stake in Africa-focused sports-betting platform BetKing for as much as R1.8-billion.
MultiChoice Group said on Monday its core headline earnings per share (Heps) for the half year that ended 30 September will be between 40-45% higher than the corresponding period last year.
Naspers spin-off Prosus, which became Europe’s largest technology company this week, has always been something of a Gordian knot for investors.
Naspers’s European-listed Internet investment holding company Prosus announced on Friday that it plans to acquire up to $5-billion in both Naspers and Prosus shares in a massive share buyback programme.