Search Results for: Naspers

Swiggy's new loyalty programme to offer free deliveries

The food ordering app has launched a new subscription service, available in one-month and three-month durations, that will offer several benefits such as free delivery and discounts on orders.

Jul 31, 2018

Food apps ahead of e-commerce giants in paying delivery staff

Swiggy and Zomato have doubled the salaries of delivery executives and they now pay more than e-commerce giants like BigBasket and Flipkart.

Jul 27, 2018

Swiggy latest to join unicorn club, raises $ 210 million from DST Global, Naspers

Swiggy is leading the food delivery market in India with around 11 million monthly orders followed by Zomato at about 7 million monthly orders across India and UAE

Jun 22, 2018

Zomato in early talks with Swiggy for merger: Report

Zomato had reportedly offered a 1:4 share swap ratio to Swiggy, which isn't likely to be agreed upon by its shareholders.

Nov 1, 2017

makemytrip, makemytrip to raise $330 million, makemytrip share price, online travel portals, online travel booking

MakeMyTrip to raise $330 million via share sale to drive growth

Nasdaq-listed MakeMyTrip, the Indian online travel company, will sell shares at $36 apiece to Ctrip.com, MIH Internet SEA and other investors.

May 3, 2017

Flipkart planning to raise up to $1.5 billion from Google, PayPal, Microsoft, Tencent: Report

Last month, Fidelity had joined Morgan Stanley in marking down its investments in Flikpart by 36 percent, hitting valuation of the Indian online marketplace.

Feb 22, 2017

Morgan Stanley cuts Flipkart's valuation for the fourth time in 9 months

Morgan Stanley's mutual fund marked down the valuation of Flipkart by 32.8 percent at $5.54 billion.

Nov 30, 2016

MakeMyTrip to buy Ibibo Group's India travel business in all-stock deal

The transaction is estimated to be completed by end of December 2016.

Oct 19, 2016

Phone Bills To Go Up By 10-15 Percent In Coming Months; Carriers Owe Government Crores In Spectrum Purchase

Naspers-backed Pay U to acquire fintech firm Citrus Pay in all-cash deal

The Nasper-Citrus deal is expected to close by the end of August or September this year.

Aug 8, 2016

Flipkart valuation falls on markdown of share price by mutual fund trusts

The online seller's CEO said trusts as small investors with unclear markup values; wants people to wait till fresh round of funding.

May 27, 2016

Flipkart co-founders Bansals new entrants to Forbes India Rich List 2015

In September 2015, Bengaluru-based Flipkart confirmed its valuation at $15.2 billion.

Sep 24, 2015

redBus Expands Bus Ticketing Services to Singapore, Malaysia

The current expansion by redBus is its first outside the domestic market.

Jul 27, 2015

Quikr Shifts Base to Bangalore to Tap Available Technology Talent Pool

Bangalore plays host to start-ups; talent pool considered diverse and significant.

Dec 3, 2014

Flipkart Raises $1 Billion, Aims to Become E-tailer of Future

Flipkart on Tuesday announced funding worth $1 billion with a goal to become the mobile e-tailer of the future.

Jul 30, 2014

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