Prosus N.V.

Prosus leverages a global network of operational teams and local offices in India, Brazil, Europe, and Southeast Asia. It frequently co-invests alongside or competes with Tiger Global, SoftBank, and Temasek. Its portfolio companies like OLX and iFood generate proprietary data on market trends and potential targets, though the firm does not publicize a formal deal-sourcing mechanism.

(public record)

Prosus is a publicly traded investment group with a permanent capital base. It operates like a hybrid: a holding company for its controlled assets (e.g., iFood, OLX), a growth-equity investor, and a venture backer. Unlike a traditional family office or VC firm, Prosus has no external LPs and is accountable to public shareholders. Its governance structure is similar to Berkshire Hathaway or SoftBank's, but with a narrower focus on consumer internet.

(public filings)

Prosus invests across the entire lifecycle: from Series A venture rounds to growth-stage financings to majority buyouts. It typically leads or co-leads growth-stage rounds but will take minority stakes in earlier-stage companies. The firm holds assets for a decade or longer; its average holding period is not disclosed but is evidenced by long-term stakes in Delivery Hero and Tencent.

(per the firm's investor presentations)

Prosus primarily invests directly into companies. It does not act as a fund-of-funds or commit capital to third-party funds, though it may co-invest alongside venture firms or other strategic investors in syndicated rounds. The firm's own balance sheet is the sole source of capital for investments.

(public record)

Prosus was spun out of Naspers in 2019 to hold Naspers's international internet assets. Naspers retains a controlling interest in Prosus, which trades on Euronext Amsterdam and the Johannesburg Stock Exchange. Naspers itself remains a South African holding company with media and e-commerce interests. The two entities share a common chairman (Fabricio Bloisi) but have distinct boards and management.

(per the firm's listing prospectus, 2019)

Prosus does not publicly disclose a list of excluded sectors. Based on its portfolio history, it avoids hardware, biotech, energy, and real estate. Its stated focus is consumer internet and technology-enabled services in high-growth markets, specifically classifieds, food delivery, payments, and edtech. The firm has not invested in AI infrastructure or defense technology.

(public record)

Yes. Naspers Labs, established in 2015, is a corporate social-investment vehicle focused on digital skills and entrepreneurship in South Africa. Prosus also has a dedicated sustainable-development fund that invests in climate-tech and financial-inclusion startups, though the size and structure are not separately disclosed.

(per Naspers Labs website, 2025)