Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R54 million ($3.4 million) investment in Planet42, a car subscription company addressing transport inequality. The investment is part of a R91 million ($5.8 million) equity round led by Naspers Foundry, alongside existing investors Change Ventures and Startup Wise Guys.

Existing debt investors, such as the impact debt fund Lendable, added a further R380 million ($24 million) of debt. The investment in...