Prosus will invest more than $ 1 billion in India, CEO described India as a great market – Prosus will invest more than one billion dollar in India Ces India is a great market

The Global Investment Group will invest more than $ 1 billion in Prose India. CE Fabricio BloquiC, CE Fabricyo of Prose. The group has invested big in many startups in Swiggy and Mesho Sahati India. In a conversation with Moneycutrol, Bloqui told about its plan in India. Prose has invested $ 8.6 billion in India. Most of the investments have been made in Swigi. Apart from this, we have invested in about 30 companies including Mesho, Rapido, Payu, Urban Company, FarmaiG.

India’s big role in the investment plan of the process

Fabricio bloisi Said, “We are not just an investor. We want to create the largest technology company outside the US and China. India can have the biggest role in it.” He said that we have invested in many companies worldwide. We have invested in many such companies in India, whose capacity is not known by the US and Europe. He said that we want to learn to become a tech company. We are not just an investor. Our focus is on 3 ecosystem-Latin America, Europe and India.

Companies who do not use AI will fall behind

Regarding Artificial Intelligence, he said that he rely on AI revolution. He said, “The big companies that you are going to see in 10 years will be different from the companies you are seeing today. If today a company does not use AI for better service, operate at low cost and new products, then its market share is going to decrease.”

More than 2 billion customers worldwide process

He said that the process has more than 2 billion customers worldwide. He said, “We can invest in an AI company so that we can use our 2 billion customers. This company will distribute its 2 billion customers, which will make its growth faster. We will also use the lesson from Brazil, Europe and Africa.”

The value of the investment of the process will be $ 50 billion

Regarding his investment in India, he said, “Our investment is $ 8.6 billion right now, which will be $ 50 billion. I am talking about market value, not market value. I can invest some more billion dollars in India. Our thinking about India is big. will be.”