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Naspers

Updated
  • Funds start-ups and early-stage
  • Provide long-term support
  • Focus on long-term growth
Naspers homepage
Author Naspers. Screenshot of Naspers website.
[Accessed July 27, 2023]

About Naspers

Naspers, a global internet group headquartered in South Africa, is among the world's biggest technology investors.

It engages in global operations and investments in various countries and markets, focusing on long-term growth potential. Naspers is publicly listed on the Johannesburg Stock Exchange. The firm has a substantial stake in Prosus, a global consumer internet group and one of the world's biggest technology investors.

Focusing on local businesses and global reach

Naspers is renowned for its investments in top-tier internet companies worldwide. Its approach is to have faith in the influence of local businesses, coupled with global reach, and explore chances to tackle significant societal demands in markets with the highest growth potential. This encompasses all important international markets.

Naspers' diverse range of companies enhances the quality of life

Naspers possesses and allocates resources to diverse companies that facilitate human connectivity and global integration, enhancing the quality of life and generating value. The organisation boasts a vast portfolio of entities, such as Takealot, the most significant online retail platform in South Africa, and Media24, the foremost media group in Africa, among numerous others.

A unique approach to investing and managing top-tier companies

Naspers is confident that it’s an ideal global growth ally for entrepreneurs, fledgling companies, and other investors who aspire to expand their presence in their respective markets. What sets the company apart is its unique approach to investing in and managing top-tier companies, enhancing their value throughout their lifecycles.

Naspers either originates its own ventures or funds startups at the early stages, accelerates the growth of promising models to achieve scale, nurtures and expands already-established enterprises, and retains holdings in other companies.

The company's voting control structure ensures that the group remains independent. Naspers acknowledges that their taxes are a vital aspect of their wider economic and social contribution to the countries in which they operate.

Naspers Services

Naspers offers venture capital services to entrepreneurs and startups looking to expand their presence in the market.

In addition to financial investment, the company also provides social impact programs that support people's economic and social well-being in the communities where they operate.

Tackling youth unemployment in South Africa

Naspers Labs is a program aimed at addressing the problem of youth unemployment in South Africa. Its focus is to equip unemployed young individuals with the skills they need to compete in the job market and become productive contributors to the economy.

In addition, the program offers an entrepreneurship component that provides guidance and support to establish technology-enabled businesses that are sustainable. The program provides educational assistance, a stipend, and devices and data for internet access to its participants.

Empowering employees to drive social impact

To drive social impact through personal causes, Naspers for Good is a program that encourages its employees to get involved. This program aims to bring individuals closer to Naspers' purpose by enabling them to participate in the decision-making process beyond corporate donations. The program's social good fund is managed by a volunteer committee, which reviews applications and decides which causes to support and how to provide support.

Apart from its social impact programs, Naspers also encourages companies within its portfolio to develop independent social impact activities specific to their segment, expertise, and geography. To achieve this, the company partners with local NGOs and enterprises to support innovation and execution.

Naspers' venture capital services: Enhancing the value of top-tier companies

Naspers' venture capital services are unique because they invest in and manage top-tier companies, enhancing their value throughout their lifecycles. The company either originates its own ventures or funds startups at the early stages, accelerates the growth of promising models to achieve scale, nurtures and expands already-established enterprises, and retains holdings in other companies.

Some benefits of venture capital at Naspers:

  • Venture capital provides access to much-needed funding for startups and early-stage companies.
  • Naspers' venture capital services support companies, helping them expand their business.
  • As a global consumer internet group, Naspers has a vast network of contacts and resources that companies in their portfolio can tap into for support and growth.
  • Naspers' venture capital services provide long-term support to companies, helping them to evolve.
  • Naspers invests in a diverse range of companies, which helps to spread the risk.

Naspers – Venture Capital

  • Loan Type Venture Capital

Benefits of Naspers

  • Global tech investor: Among the world's largest, headquartered in South Africa.
  • Diverse international investments: Focus on long-term growth.
  • Quality portfolio: Investment in top-tier global internet companies.
  • Value enhancement approach: Unique value-boosting strategy for companies.
  • Social impact programs: Addresses youth unemployment and encourages employee-driven social impact.
  • Access to funding: Provides funding opportunities for startups and early-stage companies.
  • Network and resources: Offers a vast global network and resources for portfolio companies.
  • Long-term support: Ensures ongoing support for company evolution and growth.
  • Risk diversification: Investment in a variety of companies for risk spreading.
  • Investment criteria: Focus on high-growth, tech-enabled companies in sizable markets.
  • Thorough due diligence: Detailed assessment of market, team, product, and financials.
  • Support and resources: Negotiation, valuation, potential board seats, and additional support.
  • Risk management policy: Comprehensive ethics, conduct guidelines, and risk management for responsible investment.

Market potential and scale

Naspers has a rigorous process for selecting potential ventures for investment. To be eligible for venture capital at Naspers, the venture must meet certain criteria.

Criteria for venture selection

First and foremost, the venture must align with Naspers’ investment focus on high-growth, tech-enabled companies in sectors such as e-commerce, online classifieds, food delivery, fintech, and edtech. The venture should also have the potential for significant scale and operate in a large and addressable market.

What to include in your Naspers venture capital application

Once a potential venture meets these criteria, the next step is to apply. The application should include a comprehensive business plan, financial projections, and other supporting materials. Naspers typically requires the founders of the venture to pitch to its investment team to provide further details about the business and answer any questions that may arise.

After the pitch, Naspers’ investment team will conduct thorough due diligence on the venture. This includes assessing the market opportunity, the team, the product or service, the business model, and the financials. The due diligence process can take several weeks or even months, depending on the complexity of the business.

Support and resources for portfolio companies

If the venture passes due diligence, Naspers will negotiate terms with the founders and agree on a valuation. Naspers may also request a seat on the board of directors and provide additional support and resources to help the venture grow and scale.

Naspers typically invests in early-stage and growth-stage ventures but does not typically invest in seed-stage ventures. Additionally, Naspers may require a minimum ownership stake in the venture and may prefer to lead investment rounds rather than participate as a passive investor.

Risk management policy at Naspers

Regarding policies and procedures, Naspers has a comprehensive code of business ethics and conduct and other guidelines related to anti-bribery and corruption, data privacy, cyber security, and more.

The company takes these policies very seriously and expects all its portfolio companies to adhere to them. Naspers also has a risk management policy to ensure that it carefully manages its portfolio of investments and minimises any potential risks.

Naspers Contact

Physical Address


Postal Address

  • PO Box 2271, Cape Town, 8000, South Africa

Opening Hours

  • not available