Prosus NV plans to deliver $400 million in adjusted earnings before interest and tax from its e-commerce operations in the year to end-March, and sees this improving in future, Chief Executive Officer Fabricio Bloisi said.

Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year and expects more of its Indian businesses to list following Swiggy's IPO,

The PE firm’s CEO Fabricio Bloisi said that the company remains excited about the prospects in the country. Bloisi said that the company is now valued around $100 Bn. Prosus has invested more than $7 Bn in Indian startups so far, according to Inc42 and Tracxn data.

Prosus, majority-owned by South Africa's Naspers, is a major shareholder in Indian food delivery firm Swiggy, which is preparing for what could be one of India's biggest IPOs this year