The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
prosus india portfolio shows mixed returns with pharmeasy lagging behind
PharmEasy continues to negatively impact Prosus’ India portfolio with an internal rate of return (IRR) of -38% in H1FY25, an improvement from -44% the previous year. In contrast, ElasticRun led with a 23% IRR, while Swiggy, PayU, and Meesho each reported 20-21%. Eruditus, despite a lower IRR of 14%, remains the only positive performer in the edtech sector for Prosus.
PayU India reports 237 million dollars revenue with strong credit growth
PayU India reported $237 million in revenue from its payments business for the first half of FY25, marking a 12% increase year-over-year. The company experienced a 25% rise in total payments value, aided by the onboarding of over 4,000 merchants following the lifting of regulatory restrictions in April 2024. Despite challenges, adjusted EBIT margins improved to -5%, although shifts in payment mix have impacted take rates.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.