Prosus Eyes $50 Billion India Investment, Backing Swiggy, Ixigo, and AI Growth

Economy
C
CNBC TV18•22-01-2026, 20:17
Prosus Eyes $50 Billion India Investment, Backing Swiggy, Ixigo, and AI Growth
- •Global investor Prosus plans to increase its India investments to $50 billion over the next four years, up from the current $10 billion, citing India's strong economic growth and technological adoption.
- •Prosus CEO Fabricio Bloisi highlighted India's 7.5% growth, its status as the fourth-largest economy, and its advanced use of technology in digital identity and payments.
- •The company's portfolio firms like PayU, Misho, and Urban Company have seen IPOs, validating Prosus's 'ecosystem thesis,' with more IPOs expected in 2026.
- •Prosus is focusing on Artificial Intelligence, planning an AI lab in India in 2026 and collaborating with the Indian government on the 'AI for All' initiative.
- •Bloisi noted improved profitability in consumer internet businesses, with PayU and Swiggy's core food delivery becoming profitable, and expressed confidence in quick commerce despite regulatory scrutiny.
Why It Matters: Prosus plans to significantly boost its India investments to $50 billion, focusing on tech, AI, and ecosystem growth.
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