Naspers is said to eye fintech deals in R14-billion India push - TechCentral
13 March 2019 8:52 AM GMT
Naspers wants to spend about $1-billion in India this year as it scours the globe for investments that can replicate its blockbuster bet on China?s Tencent, a person familiar with the matter said.
- Naspers wants to spend about US$1-billion (R14.3-billion) in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent, a person familiar with the matter said.
- Africa’s largest company by market value is in talks to inject around $200-million into business loan provider Capital Float and payments security firm Wimbo as a first step, according to two people with knowledge of the discussions, who asked not to be identified as the talks are private.
- Cape Town-based investment group Surging smartphone adoption has led to explosive growth in fintech and e-commerce in India and a host of local start-ups are vying with US giants Amazon.com, Google and Facebook for a slice of the action.
Next Story
