Business

Prosus Unveils $8.6 Billion Investment in India, Signaling Strong Confidence in Market Growth

Prosus's Significant Bet on India

Prosus has announced a staggering $8.6 billion investment in India, highlighting the country's pivotal role in its global expansion strategy. CEO Fabricio Bloisi shared this milestone in a recent letter to shareholders, underscoring India's potential as a key growth market.

Prosus flags $8.6 million India exposure

Strategic Investments and Growth

Following Swiggy's IPO in late 2024 and a fresh investment in Rapido, a ride-hailing platform experiencing over 100% year-on-year growth, Prosus is cementing its presence in India's vibrant ecommerce and mobility sectors.

Financial Performance and Future Goals

The ecommerce segment exceeded expectations with an adjusted EBIT of $435 million, surpassing the $400 million target. Prosus aims to maintain this momentum into FY26, with key portfolio companies like OLX and iFood showing impressive growth.

Focus on Innovation and Capital Discipline

With over $35 billion returned to shareholders through buybacks and $2.4 billion from portfolio pruning, Prosus is prioritizing capital discipline. The company is also focusing on integrating recent acquisitions and advancing AI-driven innovations.