Prosus plans to grow India portfolio to $50 bn

Fabricio Bloisi (pictured), group chief executive officer (CEO) of global tech investor Prosus, on Thursday said the firm was planning to grow the value of its India portfolio fivefold to $50 billion in the coming years, backed by a few billion dollars in fresh investments.

- PEERZADA ABRAR

The strategy centres on deepening its presence in core sectors and scaling its ecosystem-focused approach. "My intention is to invest a few billion dollars more in India," Bloisi told Business Standard during a media roundtable.

Brazilian entrepreneur Bloisi, who succeeded Bob van Dijk as CEO in May 2024, emphasised that Prosus' investment strategy in India remains focused on ecosystem-driven businesses and innovation. At the heart of this strategy are high-frequency sectors, with food delivery and payments as key pillars, where customers engage with services multiple times a week.

Bloisi explained that once high-frequency platforms are established, adjacent services can be added. As part of this strategy, Prosus is also focused on e-commerce and consumer services. He highlighted Meesho and Urban Company as key examples in the firm's portfolio.