Search company, investor...

Predict your next investment

Naspers company logo
Corporation
MEDIA (TRADITIONAL)
naspers.com

Investments

67

Portfolio Exits

30

Funds

1

Partners & Customers

2

About Naspers

Naspers is a South Africa-based multinational media company with principal operations in electronic media (including pay television, internet and instant messaging subscriber platforms, and the provision of related technologies) and print media (including the publishing, distribution, and printing of magazines, newspapers, and books, and the provision of private education services).

Headquarters Location

40 Heerengracht Street

Cape Town, 8001,

South Africa

+ 27(0)21 406 2121

Want to inform investors similar to Naspers about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Expert Collections containing Naspers

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Naspers in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

114 items

Latest Naspers News

OLX to slash workforce by 15%, fire at least 1,500 employees

Jan 31, 2023

OLX to slash workforce by 15%, fire at least 1,500 employees SECTIONS ETtech Rate Story Synopsis The company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-based internet giant Naspers. IANSHINDI OLX app. Online marketplace OLX Group is slashing 15% of its workforce, or more than 1,500 employees, globally including in India as part of restructuring amid the global meltdown and recession fears, a Financial Express report said. The Netherlands-headquartered company has about 10,000 employees globally, according to its website. The company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos . Prosus is controlled by South Africa-based internet giant Naspers . OLX Autos, which was formed in 2020, is likely to be the worst hit, possibly impacting engineering and operations teams in India. A company spokesperson said "OLX is taking necessary measures to reduce its cost structure in light of changing macroeconomic conditions". "We are reducing the size of our workforce across the company. Doing so is necessary to meet future ambitions," the spokesperson added. Discover the stories of your interest DealStreet Asia reported last week that OLX group is looking to downsize its Indonesian operations and has put the auto business up for sale. In February 2021, OLX Group appointed former Star Sports President and CEO Gautam Thakar as Global CEO of its pre-owned car marketplace OLX Autos. Tech companies around the world are laying off employees. Across the sector thousands of jobs were cut to correct the over-hiring of the Covid period, and brace for, what experts call, a period of slower growth for the sector. The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent Alphabet, among others. So far, 219 tech companies have laid off 68,149 employees in 2023, according to tracking site Layoffs.fyi. In India, tech companies like Dealshare, MohallaTech , Swiggy, GoMechanic, Dunzo, Ola and Cashfree have cut their workforce in 2023. Indian edtech companies including Byju’s, Vedantu, Unacademy and Frontrow have also been slashing jobs. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here! Tuesday, 31 Jan, 2023 India Inc’s top-level executives including chief executives are likely to get a 9.1% average salary hike in 2023, according to Aon’s latest Executive Rewards Survey. This is a slight drop from average salary increment of 9.7% last year, when salary hikes saw a correction post-pandemic, but were higher than pre-Covid increment of 8.1% in 2019. Read More News on

Naspers Investments

67 Investments

Naspers has made 67 investments. Their latest investment was in SweepSouth as part of their Series D on September 9, 2022.

CBI Logo

Naspers Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/26/2022

Series D

SweepSouth

$11M

No

7

5/31/2022

Series A

LifeCheq

$3.3M

Yes

1

5/17/2022

Seed VC

Nile

$5.1M

Yes

9

2/23/2022

Seed - II

Subscribe to see more

$99M

Subscribe to see more

10

12/21/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/26/2022

5/31/2022

5/17/2022

2/23/2022

12/21/2021

Round

Series D

Series A

Seed VC

Seed - II

Series A

Company

SweepSouth

LifeCheq

Nile

Subscribe to see more

Subscribe to see more

Amount

$11M

$3.3M

$5.1M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

7

1

9

10

10

Naspers Portfolio Exits

30 Portfolio Exits

Naspers has 30 portfolio exits. Their latest portfolio exit was VTEX on July 21, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/21/2021

IPO

$99M

Public

10

6/16/2021

Acquired

$99M

6

9/9/2020

Acquired

$99M

14

7/29/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

1/10/2020

Corporate Majority

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/21/2021

6/16/2021

9/9/2020

7/29/2020

1/10/2020

Exit

IPO

Acquired

Acquired

Acquired

Corporate Majority

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Subscribe to see more

Subscribe to see more

Sources

10

6

14

10

10

Naspers Acquisitions

27 Acquisitions

Naspers acquired 27 companies. Their latest acquisition was Markafoni on May 20, 2014.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/20/2014

Series A

$99M

$7M

Acquired

1

6/12/2012

$99M

Corporate Majority

4/22/2012

$99M

Corporate Majority

1

10/3/2011

Subscribe to see more

$99M

Subscribe to see more

10

7/7/2011

Series A

Subscribe to see more

$99M

$99M

Subscribe to see more

10

Date

5/20/2014

6/12/2012

4/22/2012

10/3/2011

7/7/2011

Investment Stage

Series A

Series A

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$7M

$99M

Note

Acquired

Corporate Majority

Corporate Majority

Subscribe to see more

Subscribe to see more

Sources

1

1

10

10

Naspers Fund History

1 Fund History

Naspers has 1 fund, including Naspers Foundry.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Naspers Foundry

1

Closing Date

Fund

Naspers Foundry

Fund Type

Status

Amount

Sources

1

Naspers Partners & Customers

2 Partners and customers

Naspers has 2 strategic partners and customers. Naspers recently partnered with Prosus on May 5, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

5/12/2021

Partner

Switzerland

Prosus and Naspers Announce Intention for Prosus to Make a Voluntary Share Exchange Offer to Naspers Shareholders

- Naspers Limited and Prosus will enter into an agreement regulating certain matters arising in relation to the cross holding ;

2

8/19/2015

Partner

United Kingdom

Subscribe to see more

Subscribe to see more

10

Date

5/12/2021

8/19/2015

Type

Partner

Partner

Business Partner

Country

Switzerland

United Kingdom

News Snippet

Prosus and Naspers Announce Intention for Prosus to Make a Voluntary Share Exchange Offer to Naspers Shareholders

- Naspers Limited and Prosus will enter into an agreement regulating certain matters arising in relation to the cross holding ;

Subscribe to see more

Subscribe to see more

Sources

2

10

Naspers Team

29 Team Members

Naspers has 29 team members, including , .

Name

Work History

Title

Status

Emilian Popa

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Emilian Popa

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Founder

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.