Prosus Changes Focus To Early Stage Startups After Unicorn Losses

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Funding Shift

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Investment History

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Decline in Large Deals

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Recent Early-Stage Investments

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Focus on AI and Global Investments

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Leadership Changes

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Future Outlook

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Stung By Unicorn Losses, Prosus Takes A Fancy For Early Stage Bets In India

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Prosus Changes Focus To Early Stage Startups After Unicorn Losses

Funding Shift

Prosus shifts from large investments to early-stage deals in India, focusing on seed investments.

Investment History

Prosus invested over $7 billion in Indian startups like Swiggy, Meesho, and Pharmeasy.

Decline in Large Deals

Large deals dropped from 10 in 2021 to one in 2024; more focus on Series A and seed rounds.

Recent Early-Stage Investments

First seed stage investment in Kratos Studios in 2023 and $26 million seed round for Lyscraft.

Focus on AI and Global Investments

Invested in AI platform EMA and entered seed stage deals in Australia and the US.

Leadership Changes

Ashutosh Sharma leads India investments since April 2024; Fabricio Bloisi is the new CEO since May 2024.

Future Outlook

Hopes rest on IPOs of Swiggy, Eruditus, and PayU India to balance portfolio amidst market challenges.

Stung By Unicorn Losses, Prosus Takes A Fancy For Early Stage Bets In India