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