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Prosus anticipates as many as five possible initial offering from its Indian portfolio over the next 18 months , signal growing momentum in the globe ’s second - large internet mart .
The Dutch investment group on Monday make payments jumbo PayU , e - commerce inauguration Meesho , and online jewelry vender Bluestone among the startups that are preparing for an initial public offering .
TechCrunch reported last calendar month that more than 20 Indian inauguration arelooking to go public in 2025 . These include Prosus - backed Urban Company , Pharmeasy , and Captain Fresh .
Prosus ’ announcement comes after it crease in $ 2 billion in profits from solid food deliverance firm Swiggy ’s initial public offering last month . Swiggy ’s $ 1.34 billion itemization stigmatise this year’slargest technology IPOacross the cosmos .
Prosus has also deepened its Indian investment funds in late weeks , investing about $ 180 million across two new deals . The group acquire a 10.65 % stake in supply chain financing political program Mintifi for $ 79.9 million , and also pack a 7.8 % position in housing finance company Vastu for around $ 100 million .
