Naspers drops plans to invest in Indian fintech startup Capital Float

Naspers drops plans to invest in Indian fintech startup Capital Float

A logo sits on display inside the headquarters of Napsters Ltd., at the Media24 Ltd. office complex in Cape Town, South Africa. Photographer: Halden Krog/Bloomberg

Naspers Ltd and Capital Float have abandoned talks for the South African internet giant to invest up to $200 million in the Indian fintech startup, said three people aware of the matter.

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