Prosus manages $6.5 billion in Indian tech assets, eyes more IPO exits

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Dutch technology investor Prosus is currently managing assets worth $6.5 billion across more than 30 Indian companies, and has returned around $4 billion in cash to shareholders to date, according to Ashutosh Sharma, head of India investments at Prosus.

Speaking at Prosus’ Capital Markets Day event in London, Sharma said the firm’s India portfolio is “loosely coupled,” enabling companies to benefit from mutual synergies while operating independently.

Prosus has invested $8.6 billion in India so far and remains bullish on the market, CEO…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Prosus manages $6.5 billion in Indian tech assets, eyes more IPO exits



Dutch technology investor Prosus is currently managing assets worth $6.5 billion across more than 30 Indian companies, and has returned around $4 billion in cash to shareholders to date, according to Ashutosh Sharma, head of India investments at Prosus.

Speaking at Prosus’ Capital Markets Day event in London, Sharma said the firm’s India portfolio is “loosely coupled,” enabling companies to benefit from mutual synergies while operating independently.

Prosus has invested $8.6 billion in India so far and remains bullish on the market, CEO…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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