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Twiggle Raises $15M Led by MizMaa Ventures and Korea Investment Partners

May 11 2017

(May 11, 2017) Tel-Aviv, Israel – Twiggle , the company pioneering the use of artificial intelligence in online retail, today announced it has raised $15 million in funding led by MizMaa Ventures and Korea Investment Partners. Twiggle will use the funds to accelerate product development, expand... Read more

German fintech company, Kreditech, receives EUR 110 million investment from PayU

May 10 2017

In largest ever equity investment in a German fintech company, Kreditech receives EUR 110 million investment from PayU. PayU and Kreditech agree global partnership to increase access to credit services in high growth, emerging markets. Hamburg, 10 May 2017 – Kreditech, the leading... Read more

MakeMyTrip Limited Announces $330 Million Equity Financing

May 03 2017

Gurgaon, India and New York, 2 May 2017 – MakeMyTrip Limited (Nasdaq: MMYT) (“MakeMyTrip” or “Company”), India’s leading online travel company, today announced that it has entered into definitive share purchase agreements for a placement of its ordinary shares, which is expected to generate... Read more

Scaling your start-up: hiring leaders

Apr 26 2017

by Aileen O’Toole, Chief People Officer, Naspers. In my last post I spoke about the talent tipping point that founders inevitably reach as their start-up scales. Part of that challenge is hiring senior talent – finding the leaders who will work with founders to transition from start-up to... Read more

Takealot, South Africa’s leading ecommerce company, attracts additional investment from Naspers.

Apr 11 2017

Cape Town, 11 April 2017 – Takealot Online (Pty) Ltd today announced a R960 million investment from Naspers. This latest investment follows earlier investments from both Tiger Global and Naspers in 2015 and underlines the continued commitment to Takealot and confidence in the potential of South... Read more

Flipkart Announces Investment Of $1.4 Billion From Consortium Of Global Blue Chip Tech Companies

Apr 10 2017

Tencent, eBay and Microsoft join Flipkart as strategic investors in largest funding round in its history Largest capital raise ever in the Indian internet sector Growth capital to extend and cement Flipkart’s position as the e-commerce leader in India Bangalore – April 10, 2017 : Flipkart... Read more

Amazon to Acquire SOUQ.com

Mar 28 2017

Amazon (AMZN) today announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East. SOUQ was founded in 2005. Naspers’ first investment in the company was in 2012. Subject to closing conditions, the acquisition is expected to close in 2017. For... Read more

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