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, 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, 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
By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps.
The rumors are true: Walmart has bought a controlling stake in India’s Flipkart. This isn’t a straight-up acquisition, however, because, rather than going it alone, the U.S. retailer is e
Naspers, the South African tech and media conglomerate, continues to have an incredibly hot hand when it comes to global tech investment. Famous for owning a huge chunk of the Chinese Internet powerho
Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no longer solely focused on Brazil as their only frontier to conquer.
Despite exit rumors and quitting Morocco, Uber is staying in Africa, according to its General Manager for Sub-Saharan Africa, Alon Lits. Speculation Uber could leave the continent surfaced late last
Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri
President Trump’s comments about immigrants coming from “shithole” countries are continuing to stir up a shitstorm internationally. And while the language itself is bad enough, the president and
African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships an
After 12 years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a business aroun
Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile -- primarily to increase Movile's s
It may not be as cool as Elon Musk building a rocket ship to Mars, but every day 100 million kids ages 12 to 18 are using Brainly to ask and answer homework questions. That simple service, at that mas
Naspers, the South African media and internet giant, has upped its stake in Delivery Hero, the Berlin based food-delivery giant that went public earlier this year and has a market cap of $6.8 billion
Luno, a bitcoin wallet and exchange based out of Singapore, is riding the crypto wave into Europe after it closed a $9 million Series B round for market expansion. The funding was led by new investor
With its Rappido subsidiary looking to become a marketplace for all sorts of online and delivery services, Movile is moving further along in its mission to become the Tencent of Latin America. Given i
Delivery Hero’s valuation topped $5 billion after the food delivery firm went public in a listing on the Frankfurt stock exchange. The listing, announced earlier this month, came at a €25.50
Naspers has taken a bite out of yet another food delivery startup, with its commitment to lead and $80 million investment in the Indian online ordering and food delivery startup, Swiggy.
Prolific investment firm Naspers is making a push into bitcoin and financial services after it backed Philippines-based startup Coins.ph to the tune of $5 million. Coins is focused on offering financi