Naspers

Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion

Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investi

Byju’s buys Osmo for $120M to add blended learning to its $4B digital education business

Weeks after it raised a massive $540 million funding round, Indian education unicorn Byju’s is on the M&A path. The company announced today it has snapped up U.S.-based Osmo, a startup that

Uber’s India rival Ola nears $6 billion valuation ahead of huge funding round

Ola, India’s local rival to Uber, has seen its valuation jump to nearly $6 billion as it prepares to take in a large round of financing. The ride-hailing firm, which was founded in 2010, has rai

NYSE operator’s crypto project Bakkt brings in $182M

Venture capitalists remain bullish on Bitcoin and its underlying technology despite sinking crypto prices.

Food delivery startup Swiggy raises $1 billion more from Naspers, Tencent and others

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 foo

Byju’s targets global expansion for its digital education service after raising $540M

India-based educational startup Byju’s was widely reported to have raised a massive $400 million round, and now the company is making things official. The 10-year-old company revealed today it h

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal.

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Flutterwave and Visa launch African consumer payment ser

Naspers announces $300 million initiative to support startups and tech in South Africa

Naspers announced a $100 million Naspers Foundry fund to support South African tech startups. This is part of a $300 million (1.4 billion rand) commitment by the South African media and investment co

Local venture capital fund formation is on the rise in Africa, led by Nigeria

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Flutterwave and Visa launch African consumer payment ser

As some pricey coding camps fade away, Codecademy barrels ahead with affordable paid offerings and a new mobile app

Between 2013 and last year, the number of boot camp schools tripled to more than 90 in the U.S. alone, according to Course Report, an outfit that tracks the industry. Some — including The Iron Y

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Flutterwave and Visa launch African consumer payment ser

Old media giants turn to VC for their next act

The Web 1.0 and Web 2.0 eras weren’t kind to the world’s largest media conglomerates, throwing their business models into question, creating whole new categories of content consumption, and bringi

What I learned from Flipkart

Two weeks ago, Walmart concluded its investments to acquire a majority stake in Flipkart. This is one of the largest transactions in e-commerce and in the internet space globally, with Walmart deplo

Chinese tech stocks tumble from more than just trade tensions

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Reports of trade tensions between China and the US in the past few months have been hard

A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech

Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobil

Indian food delivery startup Swiggy raises $210M at a $1.3B valuation

India’s food delivery race is hotting up after Swiggy, one of the startups vying for pole position, landed $210 million in new capital for expansion and joined the billion-dollar startup unicor

Naspers is in talks to invest in Southeast Asia’s Carousell

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of d

Coya raises $30 million to launch its insurance service in Europe

Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early emplo

Latin America’s Movile is quietly building a mobile empire

By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps.
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