Prosus & Naspers

Prosus is the international internet assets division of Naspers. The global investment group is the largest consumer internet company in Europe, and among the largest technology investors in the world, operating across a variety of platforms and geographies. Prosus is a unique blend of venture capital and operating company that funds, acquires, builds and scales technology businesses. It combines venture capital investing with deep operational experience in the Americas, Asia, Europe, the Middle East and Africa. The company has meaningful investments in Tencent, Mail.ru, Ctrip.com International Limited, and DeliveryHero. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the Johannesburg Stock Exchange (XJSE:PRX), and is majority owned by Naspers.

Lee Clancy

Senior Vice President, Product and Growth

Larry Illg

CEO Prosus Ventures and Food

Charles Searle

CEO of Naspers Internet Listed Assets

Bob van Dijk

CEO and Executive Director

Past deals in Africa and Middle East

BKN301

Series B in 2025
BKN301 is a London-based BaaS technology provider offering a BaaS Orchestrator platform with core banking, payments, digital wallet and card issuing, cross-border services, open banking and AI. It integrates with third-party systems to support traditional banks, fintechs, neobanks and blockchain/token platforms, enabling secure, scalable products and new revenue streams. Launched in 2021, it has established a presence across EMEA and aims to transform financial services globally by enabling banks and fintechs to offer comprehensive digital financial services and gain access to trade and development opportunities.

Dubizzle

Private Equity Round in 2022
Founded in Dubai in 2005, Dubizzle is a leading online classifieds platform operating across ten countries. It facilitates buying, selling, and renting of items such as cars, property, jobs, and household goods through its user-friendly website.

Foodics

Series C in 2022
Foodics is a cloud-based restaurant management platform that runs on an iPad, offering point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce, and a management dashboard. The system integrates an iPad kitchen display, menu management, notifications, call center, and inventory and supply chain capabilities to provide a holistic view of operations. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics serves restaurants, food trucks, cafes, and quick-service chains in the Middle East, with thousands of customers and real-time operational insights. The platform supports English and Arabic, offers various add-on apps, and aims to streamline sales, logistics, and customer relationships to help clients increase revenues and enhance dining experiences.

Frontier Car Group

Series D in 2019
Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

Frontier Car Group

Series C in 2018
Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

Twiggle

Series A in 2016
Twiggle Ltd. is a technology company specializing in enhancing the e-commerce search experience through advanced machine learning and natural language processing. Founded in 2013 and headquartered in Tel Aviv, Israel, with an additional office in New York, Twiggle develops a search engine technology that mimics a salesperson's ability to understand customer intent. Its Semantic API integrates seamlessly into existing search engines, providing a natural language layer that improves search logic and delivers more accurate product results to shoppers. By leveraging a deep understanding of linguistic structure and retail dynamics, Twiggle aims to replicate the in-store shopping experience online, enabling retailers to connect customers with the products they seek more effectively. The company has garnered recognition as a Gartner Cool Vendor and has been ranked among the top 100 AI companies by CB Insights. Twiggle's leadership includes experienced professionals from major tech companies, reinforcing its expertise in the field.

SimilarWeb

Series E in 2015
SimilarWeb provides an AI-driven market intelligence platform that monitors web and mobile app traffic to help organizations understand, track, and grow their digital market share. The platform offers global, multi-device insights into a website’s statistics and competitive strategy, enabling data-driven decisions. Founded in 2007 and based in New York, the company operates worldwide with offices in Israel, the United Kingdom, France, Japan, and Australia. SimilarWeb derives most of its revenue from subscription-based access to its digital data and analytics platform and related products, serving customers across the United States and other regions including Europe and Asia Pacific.

SimilarWeb

Series D in 2014
SimilarWeb provides an AI-driven market intelligence platform that monitors web and mobile app traffic to help organizations understand, track, and grow their digital market share. The platform offers global, multi-device insights into a website’s statistics and competitive strategy, enabling data-driven decisions. Founded in 2007 and based in New York, the company operates worldwide with offices in Israel, the United Kingdom, France, Japan, and Australia. SimilarWeb derives most of its revenue from subscription-based access to its digital data and analytics platform and related products, serving customers across the United States and other regions including Europe and Asia Pacific.

SimilarWeb

Series C in 2014
SimilarWeb provides an AI-driven market intelligence platform that monitors web and mobile app traffic to help organizations understand, track, and grow their digital market share. The platform offers global, multi-device insights into a website’s statistics and competitive strategy, enabling data-driven decisions. Founded in 2007 and based in New York, the company operates worldwide with offices in Israel, the United Kingdom, France, Japan, and Australia. SimilarWeb derives most of its revenue from subscription-based access to its digital data and analytics platform and related products, serving customers across the United States and other regions including Europe and Asia Pacific.
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