Prosus sets funding targets for LatAm

Prosus sets funding targets for LatAm

Prosus Ventures, a division of investment firm Prosus, may deploy up to $50 million to fund start-ups in Latin America before the end of the year, Diego Galvez, head of investments in the region, told LatinFinance on Thursday. "From our side, there is a lot of flexibility. Our initial commitment is like $5 million to $15 million, but going forward it can be [up to $50 million], Galvez said, adding that the firm will invest mainly in Brazil, Mexico, Colombia, Chile and Peru. Mexico is often the "

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