Naspers Investments into India

Ventureburn is a pretty cool South African site which focuses on everything digital from emerging markets. I have recently subscribed to their newsletter, I suggest you do too if that is something you would be interested in.

Of course they talk a lot about Naspers which is one of the biggest developing market tech companies. This particular article focuses on Naspers' recent investments in India.

Since 2011 Naspers has invested $2.3bn in that country. It makes sense. After China, India is the next big thing. Last year alone Naspers invested $1.5bn in three Indian tech companies. These were Swiggy (food delivery), PaySense (fintech) and Aasaanjobs (recruitment).

The article goes on to say that Naspers is in talks to invest in a reseller platform called Meesho. Apparently Facebook already has a stake in this business.

As a Naspers shareholder I fully endorse this strategy. They already did incredibly well with Flipkart. Due to the scale, chances are the next Tencent is slowly brewing somewhere in India.