About Naspers
Naspers is a venture capital firm founded in 1915. It is primarily based out of Cape Town, South Africa. As of Jan 2024, Naspers has invested in 87 companies. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and High Tech. Most recently it led the $15M Series A round of along with Rivonia Road Capital. This round also saw participation from ARS Holdings.
Overall, Naspers portfolio has seen 7 unicorns, 12 IPOs and 29 acquisitions including key companies like Zomato, Flipkart and MakeMyTrip. A lot of funds co-invest with Naspers, with names like Prosus sharing a substantial percentage of its portfolio.
Naspers has team of 31 people including 14 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Naspers' Year-on-Year Investment Trends
Naspers has invested in 100 companies over the last 18 years, with an average of 5 new investments annually in the last 10 years. In 2024, it made 1 investment. Its most recent first time investment was in Virgio and most recent follow-on round was in The Good Glamm Group.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 0 | 4 | 4 |
2022 | 6 | 3 | 9 |
2021 | 8 | 4 | 12 |
2020 | 4 | 3 | 7 |
2019 | 8 | 4 | 12 |
2018 | 5 | 6 | 11 |
2017 | 7 | 9 | 16 |
2016 | 6 | 3 | 9 |

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Naspers' Investment Trends by Stage
Naspers has made 22 investments in Series A stage with an average round size of $26.5M, 13 investments in Seed stage with an average round size of $5.36M and 11 investments in Series B stage with an average round size of $21.5M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 22 |
Seed | 13 |
Series B | 11 |
Series C | 6 |
Series D | 5 |
Others | 10 |
Naspers' Investment Trends by Sector
Naspers has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Food and Agriculture Tech and FinTech. Notably, it has invested in 75 Tech companies, 61 Consumer (B2C) companies, 38 Enterprise (B2B) companies and at least 31 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Consumer | 42 |
Retail | 21 |
Enterprise Applications | 16 |
Food and Agriculture Tech | 10 |
FinTech | 9 |
Others | 94 |
Naspers' Investment Trends by Geography
Naspers has made most investments in India (26), followed by South Africa where it has made 16 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
India | 23 |
South Africa | 13 |
United States | 8 |
Brazil | 4 |
Netherlands | 2 |
Others | 18 |
Naspers' recent investments
Here are the most recent investments by Naspers:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Jan 18, 2024 | India | Series E | $31.7M | [+3] | |
Dec 01, 2023 | India | Series C | $46M | [+5] | |
Apr 15, 2023 | India | Series E | $38.2M | [+10] | |
Mar 02, 2023 | India | Series A | $26M | [+14] | |
Feb 22, 2023 | South Africa | Series A | $15M | ARS Holdings [+1] |
Unicorns in Naspers' Portfolio
Here is a list of unicorns in Naspers' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
68 | Blockchain-based infrastructure for NFT games and applications | 2018 | Surry Hills | Series D | mptqlzc | ||
72 | Provider of B2B e-commerce and logistics solutions for rural markets | 2014 | Pune | Series E | juqncju | ||
85 | App-based platform providing multiple local services | 2014 | Gurugram | Series F | eaflsgh | ||
68 | Online marketplace and reselling platform for multi-category consumer products | 2015 | Bengaluru | Series F | kmwpmzw | ||
74 | Online platform for asset-backed consumer loans | 2012 | Itaim Bibi | Series F | ecsk{{q |
IPOs and Publicly Listed companies in Naspers' Portfolio
Here are Naspers' portfolio companies that went public:
Acquired companies in Naspers' Portfolio
Here are Naspers' portfolio companies that got acquired most recently:
Team profile of Naspers
Naspers has a team of 31 membersÌýincluding 14 Partners and 7 PrincipalsÌýlocated in South Africa, United States and . Naspers' team does not sit on the board of any company as of now.Here is a list of top team members in Naspers:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | Cape Town | - | ||
Partner | Sao Paulo | - | - | |
Partner | Amsterdam | - | ||
Partner | Hong Kong | - | ||
Partner | San Francisco | - | ||
Partner | South Africa | - | ||
Partner | San Francisco | - | ||
Partner | Johannesburg | - | ||
Partner | Delhi | - | , | |
Partner | Hong Kong | - | - | |
Partner | Amsterdam | - |
Co-investors of Naspers
Over the past 18 years, 961 investors have co-invested in Naspers's portfolio companies.
- Invested before Naspers:ÌýAccel, Elevation Capital and 348 others have invested in rounds before Naspers. There are 7 companies where Accel has invested before Naspers and 6 companies where Elevation Capital has invested before Naspers.
- Top Co-investors of Naspers:Ìý78 investors entered a company along with Naspers. These include investors like Prosus (10 companies).
- Invested after Naspers:ÌýA total of 533 investors have invested in Naspers's portfolio after their investments. Top Investors include Prosus (12 companies), SoftBank Vision Fund (5 companies) and Fidelity Investments (4 companies).

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Recent News related to Naspers
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Financial Post•Aug 27, 2024•Naspers
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Seeking Alpha•Jun 24, 2024•Naspers
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Business Wire•Jun 24, 2024•Naspers
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