Prosus CEO Fabricio Bloisi landing in August to take stock of business

Fabricio Bloisi, the new chief executive of Dutch-listed investment firm Prosus, which has invested about $7 billion in India, is set to make his first visit to the country in the second week of August, said people familiar with the matter. Bloisi, who took over the role in May, is slated to visit Bengaluru and Delhi on a two-day visit, they said.

The visit comes at a time when Swiggy, in which Prosus is the largest investor, is going for an initial public offering (IPO), while the fund had to write off its under 10% stake in Byju’s fully after putting in $500 million in the now beleaguered edtech firm.

Bloisi will meet founders of Swiggy, Urban Company and Meesho in Bengaluru, the people said, adding that he would meet other investors and bankers as well during the visit.


Bloisi replaced long-time CEO Bob van Dijk, who abruptly resigned last September, following which Ervin Tu was made the interim chief executive of Prosus. Bloisi was previously the CEO of Brazilian food delivery startup iFood, which is now owned by Prosus.

“Swiggy IPO, of course, is the big focus, but he will be meeting some of the other top portfolio firms as well. The idea is to get a deeper sense on how the local businesses are performing and what’s in store given India remains a key focus for Prosus as well as Naspers,” said one of the persons, who did not wish to be identified.

A spokesperson for Prosus did not respond to ET’s query on Bloisi’s India visit plans.

Prosus recently elevated senior executive Ashutosh Sharma to lead India and Southeast Asia investments. He now works closely with Bloisi.

The fund also counts business-to-business e-commerce firm Elastic Run, epharmacy PharmEasy, e-commerce aggregator Mensa Brands and agritech firm DeHaat among its portfolio firms in India.