Latest News | Prosus Expects 5-fold Growth in Valuation of Investments in India

New Delhi, Jun 25 (PTI) Dutch investment firm Prosus on Wednesday said it expects five-fold growth in the valuation of its investments it has made across more than 30 companies in the next three years.

Prosus at present has USD 6.5 billion assets under management in India.

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"As one of India's top tech investors, Prosus has a USD 6.5 billion platform with 30+ investments across various sectors and stages of maturity. Prosus expects to drive a 5x increase in portfolio value through new investment, ecosystem synergies and AI productivity," Prosus said in a presentation on its target to create USD 200 billion value at a group level in the next three years.

The company started investing in India in 2017-18.

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It runs a 100 per cent owned fintech firm PayU India as well.

The company's key portfolio firms include Swiggy, Meesho, Urban Company and Rapido.

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