Naspers Foundry takes a bet on insurance tech firm Ctrl
21 July 2021 - 19:27
In yet another move showing that Naspers is exploring areas of business outside its core offerings, the group’s SA-focused venture arm has invested R34m in an online company that provides short-term insurance advice.
On Wednesday, Naspers said its Foundry unit has invested in Paarl-based Ctrl, the first insurance bet for the fund. Naspers Foundry is the group’s SA-focused R1.4bn early-stage tech investment fund...
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