Swiggy delivers for Prosus with 23% IRR, venture portfolio a mixed bag

Swiggy and Payu India, the internal return rate of the Dutch investment group Prosus for Indian portfolio companies, stopped at 23% and 13%, respectively in 2024-25, respectively.

Prosus’s initiative investments Elasticrun, Meesho and Pharmaasy had 28%, 20%and -29%IRR, respectively, and showed the financial results of the firm for the financial year.

In 2024, Swiggy saw that the gross order value (GOV) increased by 29%, while the corrected earnings before the losses of interest, tax, depreciation and firefighter (EBITDA) fell from $ 261 million to $ 182 million in the previous year.

“Swiggy, 316 new stores in a quarter, adding, Swiggy’nin 40% GOV growth and rapid trade gov enlargement each year,” he said.

The Indian enterprise of Payu, the Dutch -based payment solutions provider, found that total payment volume increased by 17% and revenue increased by 14%. In general, the entity’s corrected earnings before the interests and taxes (EBIT) losses rose to $ 11 million.

The Prosus, owned by South African technology investor Naspers Ltd, found that basic headline gains increased from $ 5 billion to $ 7.4 billion in the previous financial year. Meanwhile, the company’s income increased by 21% annually from $ 5.5 billion to $ 6.2 billion.

The consolidated income of the e-commerce portfolio in the 2024-25 years reached $ 5.5 billion to $ 6.2 billion. Prosus’ food distribution companies, an annual increase of 30% of $ 1.3 billion revenue. Payments and fintech portfolio companies earned $ 1.3 billion in revenue from $ 34% from $ 1.1 billion.

“Prosus is quickly transforming into an operating technology company, focusing on lifestyle e-commerce and strengthened with innovation and cooperation,” he said.

In the future, Prosus will make more selective investments, and will be separated from the roots of the venture in the venture model to invest in various companies and double the winners. With Bloisi’s appointment, the company is now focused on three basic geography: India, Latin America and Europe.

In fact, the Prosus is in the process of acquiring Just Eat Papaway, a Dutch-based food distribution market in the 4.1 billion € All-Cash offer.

Here, the investment company in India plans to receive a larger share in the companies it invests and to rise up to 25%.