India could soon be home to a $100 billion tech company, according to Fabricio Bloisi, CEO of Prosus, one of the world’s most prominent tech investors. In an interview with CNBC on Monday, Bloisi outlined Prosus’ bullish outlook on India, drawing parallels to the company’s early investment success in China with Tencent.
Prosus, majority owned by South African firm Naspers, made headlines years ago after turning a $32 million investment in Tencent into tens of billions. Now, it’s looking to repeat that success in India.
Prosus Bets Big on India’s Tech Future
Bloisi noted that Prosus has already poured around $10 billion into Indian tech ventures—roughly the same amount it had invested in China 14 years ago. Among its portfolio are high-growth firms like PayU (digital payments), Meesho (e-commerce), and Swiggy (food delivery).
“We believe it’s going to be, not a $20 billion company, but a $100 billion company, maybe half a trillion,” said Bloisi, emphasizing that Prosus is taking a long-term approach in India.
Indian IPOs Key to Prosus Strategy
A crucial element of Prosus’ India strategy involves helping portfolio companies go public. Bloisi said at least five Indian firms backed by Prosus are expected to launch IPOs this year.
He stressed that local market participation in these listings is critical for building a robust tech economy—just as it was in the U.S. and China. “If India can create strong local markets investing in tech, it’s going to be amazing for India,” he added.
Ecosystem Approach Fuels Global Expansion
Prosus is applying a Tencent-style ecosystem playbook globally. It focuses on platforms that offer multiple services—like WeChat in China or Uber in the U.S.—to encourage user stickiness and cross-service integration.
Also Read: 9 Best Dividend Stocks in India (2025) for Steady Passive Income and Long-Term Growth
This strategy is evident in its investments across Latin America and Europe, including stakes in iFood, Despegar, and OLX Brasil. Additionally, Prosus has initiated regulatory approval to acquire Just Eat Takeaway.com in a $4.7 billion deal.
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