Overview

• Prosus delivered $7.4 billion in core headline earnings for FY25, a 47% increase that surpassed its financial targets.
• The group has invested $8.6 billion in over 30 Indian startups, with its cumulative stake in these companies valued at about $8 billion.
• It expects five portfolio companies to go public in FY26, including Meesho’s planned $700–800 million IPO and Urban Company’s ₹1,900 crore offering.
• Prosus delayed PayU India’s IPO by 6–12 months to focus on business improvements after the payments unit posted 12% revenue growth and recorded a trading loss in FY25.
• Portfolio firms show performance gains: Swiggy cut its adjusted EBITDA loss by 30% to $182 million and ElasticRun delivered the highest IRR at 28% among India investments in FY25.