Prosus India revenue climbs 13% to $781M in FY26 as PayU turns EBITDA positive

Global investor Prosus posted 13% India revenue growth to $781 million in FY26, led by fintech PayU which swung to $18 million EBITDA on $90 billion TPV. Payments contributed $577 million, up 10% and 74% of total. Prosus also backs Swiggy, Meesho, and Rapido.

— Source publishedTue, 30 Jun, 2026, 07:30 IST·First seen Tue, 30 Jun, 2026, 07:44 IST·Source YourStory · Capital

What happened

Global investor Prosus, backer of Indian consumer platforms Swiggy, Meesho, and Rapido, reported 13% India revenue growth to $781 million in FY26, driven by

Key facts

  • revenue up 13%
  • $781 million FY26
  • PayU EBITDA $18 million
  • $90 billion TPV
  • payment revenue $577 million (+10%, 74% of total)

Why this matters

With profitable payments anchoring its India base and stakes in Swiggy, Meesho, and Rapido, Prosus is well-positioned for selective consolidation or IPO monetization across its consumer-tech holdings.

What to watch

  • RBI/NPCI regulatory moves on MDR and payment aggregator rules
  • PayU TPV growth rate quarter-over-quarter
  • Credit/lending revenue mix shift away from payments concentration
  • IPO filing or stake-monetization signals from Prosus
  • Competitive pressure from Razorpay, PhonePe, Cashfree
  • Prosus pushes PayU India toward IPO positioning given profitability milestone
  • Expand PayU into lending/credit to lift take-rates beyond commoditized payments
  • Deepen payment integration across portfolio companies (Swiggy, Meesho, Rapido)
  • Reinvest fintech gains into selective India consumer bets

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