Fabricio Bloisi, CEO of Dutch investment firm Prosus, said the company could invest up to $50 billion in India over the next three years.
This would be five times the current estimated investment of about $10 billion. “We are going to invest several more billions of dollars in India.
Our goal is for Prosus’ investment in India to reach a valuation of $50 billion. India is a great and large market for us, and we have to think in exponential terms.”
“Can’t Wait More Than Three Years”
Although Bloisi didn’t give a fixed deadline, he added that taking more than three years to reach the goal would be “too late.”
According to him, the current value of Prosus’s India portfolio is slightly under $10 billion.
Investments So Far
Prosus has already invested more than $8.6 billion in India and holds stakes in several major startups, including Meesho, Swiggy, Rapido, PayU, Urban Company, PharmEasy, Eruditus, and BlueStone.
Speaking at AI Event ‘Luminate’
Bloisi made these remarks at Prosus’ first AI-focused event, ‘Luminate’, held in Bengaluru, India.
He said, “India has great potential to build large-scale companies and create a strong impact.”
5 IPOs Planned in 2025
Bloisi also revealed that five companies from Prosus’s portfolio are planning to go public this year. While he didn’t name them, it is expected that firms like Meesho, Urban Company, BlueStone, and PayU could be among them.
Swiggy Success Boosts Confidence
Prosus owns 31% of Swiggy and is expected to earn $2.8 billion from it, after investing only $1.3 billion. This successful listing has increased Prosus’s confidence in upcoming IPOs.
Focus on Long-Term Investment
Bloisi stressed that Prosus is not planning to exit its Indian investments soon. He believes there is still a huge opportunity in the country, and the company wants to make the most of it.
