Bullish on SaaS, wealth management, healthtech in SE Asia: Prosus Ventures

Sachin Bhanot, Prosus Ventures.

Prosus Ventures, the corporate venture arm (CVC) of Dutch technology conglomerate Prosus – which, in turn, is a subsidiary of South African internet group Naspers – is betting big on sectors such as Software-as-a-Service (SaaS), wealth management, and healthtech in Southeast Asia.

Despite regulatory and cultural hurdles given the region’s fragmented nature, companies in these sectors are prime targets for investments due to a slew of factors such as growing middle-class coupled with a rising population and increased digitization during the pandemic, said Prosus Ventures’s Sachin Bhanot.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter