Prosus Ventures appoints head of Southeast Asia

Bhanot (pictured) is joining from B Capital, a globally active VC firm set up in 2015 by Facebook co-founder Eduardo Saverin. Bhanot was a principal focused on investments in Southeast Asia across sectors including consumer, logistics, and education. He previously filled roles at The Abraaj Group, CIMB, and Credit Suisse.

"I've been an investor in Southeast Asia for many years, working closely with entrepreneurs and investors in the region to help cultivate a rich environment for technology-enabled businesses," Bhanot said in a statement. "Prosus Ventures is well known for being an ideal long-term investor, and I look forward to adding value to the innovative companies we partner with in the region.”

Prosus Ventures invests globally in areas such as e-commerce, health, logistics, financial technology, and blockchain. Last year, it made its first investment in Indonesia with logistics start-up Shipper, describing the deal as the start of a new strategy focusing on Southeast Asia. As Naspers Ventures, the firm was active in the region as early as 2017 with an investment in Philippines-based fintech provider Coins.

Prosus Ventures is a division of Prosus, a Naspers-backed internet technology investment business. Naspers took Prosus public on Euronext in Amsterdam last year and expects the company to become the largest listed consumer internet business by asset value in Europe.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Save this article  
• Send to  

• Topics
• Southeast Asia
• GPs
• Technology
• People
• Singapore
• Prosus Ventures
• B Capital
• Appointments