Naspers, the most valuable company on the JSE, will prioritise investments in classifieds, financial technology and food — activities that it could possibly hive off with separate share listings in the right circumstances.
Browsing: Swiggy
Uber Technologies is in talks to sell its Uber Eats operations in India to rival Swiggy, less than two years after it entered the country’s competitive food-delivery business, according to a person familiar with the negotiations.
Just days after announcing it will lead a $540-million funding round in Indian online education start-up BYJU’s, Naspers said on Thursday that it will invest $660-million in Swiggy, India’s largest food delivery platform.
Naspers is planning to increase its stake in Indian online food delivery business Swiggy as the start-up plots its third fundraising round of the year, according to people familiar with the matter.
Indian start-up Swiggy has raised US$210-million (about R2.9-billion) in a round led by South Africa’s Naspers and investment house DST Global, setting a stage for a battle between well-funded players in the
Naspers is in talks to lead an investment of as much as R2.5bn in India’s Swiggy to increase its stake in the online food-delivery company, according to two people familiar with the matter. Africa’s biggest company by market value