Prosus N.V., the global internet group chaired by South African billionaire Koos Bekker, is in advanced talks to invest about 200 million in Indian ride-hailing firm Rapido, according to people familiar with the matter.
The deal could lift Prosus small 3 to 4 percent stake significantly, depending on whether the investment comes in as fresh capital, secondary share purchases, or a mix of both.
Rapidos growth draws global investor attention