Prosus eyes five-fold growth of its $6.5-bn India portfolio

Dutch technology investor Prosus has set a target to grow the value of its Indian portfolio five-fold from the current $6.5 billion through synergies and using AI to boost productivity, the company said in a presentation to investors on Wednesday.

The region is home to some of the biggest ventures in its portfolio, including the food delivery platform Swiggy, and payment facilitator PayU India.

The company did not provide a specific timeline for the growth target.