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Nov 14, 2016 at 13:00 | Source: Moneycontrol.com
The firm has also roped in Ashutosh Sharma to lead investments and merger and acquisitions in the country.
Oct 19, 2016 at 14:18 | Source: Moneycontrol.com
While consolidation is good for investors and entrepreneurs, it reduces competition. Mergers of large consumer internet startups often become detrimental to consumer choice and fair-market pricing.
Oct 19, 2016 at 13:43 | Source: Moneycontrol.com
Consolidation is providing exits to existing investors and entrepreneurs even as it is lessening competition. It signals a maturing of Indias e-commerce sector.
Oct 19, 2016 at 11:05 | Source: CNBC-TV18
Travel company, Cox & Kings saw a 25 percent passenger growth this festive season. Khandelwal says the travel company will continue to grow at 10-15 percent annually.
Oct 19, 2016 at 10:18 | Source: Moneycontrol.com
While the biggest deal in Indias online travel aggregation space signals a maturity in the sector, providing an exit path to investors, it would also lessen cash burn. With this deal, all three large brands in OTA space Yatra, MakeMytrip and GoIbibo will be on path to be listed entities on Nasdaq.
Jul 27, 2016 at 22:34 | Source: Reuters
The deal, valued at between 2-3 billion euros (USD2.2-USD3.3 billion), is to close by the end of this year, market sources said, some adding that Polish online groups Wp.pl owned by Innova Capital, and Onet.pl controlled by Ringier Axel Springer could also be interested.
Feb 25, 2016 at 09:16 | Source: PTI
The investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, ibibo Group and Naspers said in a joint statement.
Jan 01, 2016 at 00:00 | Source: PTI
According to the assurance, tax and advisory firm, Grant Thornton, there were 94 PE-deals worth USD 1.19 billion in February, while in the corresponding period last year there were 73 such transactions worth USD 737 million.
Sep 28, 2015 at 20:05 | Source: PTI
The platform is available in 72 cities and covers 862 properties translating to 10,000 rooms a day, Goibibo said in a statement.
Jul 08, 2015 at 22:09 | Source: PTI
The group, which owns portals like Goibibo.Com and redBus.In among others, currently clocks transactions worth over Rs 1,000 crore per month.
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Source:VC Circle - India's largest consumer e-commerce firm Flipkart Online Services Pvt Ltd, which runs Flipkart.com, has completed its fourth round of funding, raising an undisclosed amount from two new investors, MIH (part of Naspers Group) and ICONIQ Capital, besides

11.44 AM Aug 25th 2012

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Source:VC Circle - Naspers, a South Africa-based multinational group of media and e-commerce platforms, seems to be spreading its investment bets on Indian e-com space. The Johannesburg Stock Exchange listed company's arm MIH has quietly invested Rs 8.5 crore ($1.7

6.50 PM Sep 21st 2012

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Source:VC Circle - Naspers, a South Africa-based multinational group of media and e-commerce platforms, seems to be spreading its investment bets on Indian e-com space. The Johannesburg Stock Exchange listed company's arm MIH has quietly invested Rs 8.5 crore ($1.7

12.25 PM Sep 21st 2012

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Source:FirstPost - Dispelling plans of going public, India’s e-commerce giant Flipkart.com will raise a fresh round of funding from Tiger Global and Naspers for $150 million, IndiaDigitalReview.com reports. Flipkart had earlier raised another $150 million from Accel Partners and Tiger Global

12.12 AM Aug 31st 2012

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.com). Earlier in 2011, the MIH Group, a subsidiary of the South African media group Naspers, acquired majority stake in Gaadi Web Pvt Ltd that runs the auto classifieds site Gaadi.com. Other automotive portals in India include eBay Motors, Autojunction.com, Autoindia.com and Zigwheels.com.

1.10 PM Jan 8th 2012

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