Prosus looks to strengthen India bets on platforms and marketplaces
New Delhi, Nov. 3 -- Amsterdam-based Prosus is looking to invest in companies with platform or marketplace-led business models as it seeks to deepen its presence in India's financial services sector and other consumer-facing businesses, a senior company executive said.
The technology-focused investment firm, which recently infused $100 million in Sachin Bansal's fintech platform Navi, is looking to deepen its financial services thesis, Ashutosh Sharma, India head at Prosus, told Mint in an interview.
Last week, the Competition Commission of India (CCI) approved Prosus's $100 million (around Rs.940 crore) investment in Navi for an 8.5% stake. The entirely primary investment, one of the first institutional capital infusions into the compa...
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