Get the app
News Discussion
News Discussion
on
CosmicTaco
CosmicTaco
Grapevine

Prosus Foresees More IPOs in Indian Startups, Valued at $100Bn

  • Prosus CEO, Fabricio Bloisi, expresses excitement about the company's prospects in India.
  • The company, now valued around $100 Bn, anticipates more of its investments in India to IPO in the next 12-18 months.
  • Prosus has invested over $7 Bn in Indian startups, including Swiggy, Meesho, PharmEasy, and Urban Company.
  • The firm recently invested $30 Mn in Urban Company, providing a partial exit to Bessemer Venture Partners.
  • Prosus wrote off its entire investment in BYJU’s earlier this year, previously holding about a 10% stake.

Source: Inc42

Post image
9mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
News Discussion
News Discussion8mo
by CosmicTacoGrapevine

Prosus Plans PayU IPO in India for 2025

  • Prosus is planning for PayU's IPO in 2025, after initial plans for 2024 were deferred.
  • Goldman Sachs has been finalized as the lead banker for the public issue, with the DRHP likely to be filed by early 2025.
  • This follows Prosus'...
Post image