Naspers has invested in food delivery firm Swiggy, ed-tech company Byju’s and most recently social commerce firm Meesho.
The VC firm has so far invested in 27 early-stage tech startups in lieu of equity.
The company, which will invest through its VC arm called AX Ventures, has around three deals in the pipeline.
Near CEO and founder Anil Mathews believes that the company is ready for a larger international play.
Mandiri Capital targets a corpus of about $100 million for its new VC fund.
LinkAja is looking to raise funding in a Series B round next year and is open to foreign investment, says Danu.
The lender expects to do more direct investments in startups through its CVC unit.
On consolidation in NBFCs, Das says: "We have to constantly monitor and remain alert."
OVO has already branched out into various other subsectors of fintech through partnerships and acquisitions.
Anchanto has so far raised close to $15 million across different funding rounds.
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