PayU drives Prosus India ecosystem to profitability in FY26

Prosus’ India ecosystem turned adjusted EBITDA profitable in FY26, driven by fintech platform PayU, even as the Dutch technology investor expanded its consumer internet portfolio with a fresh investment in Rapido and saw portfolio companies Meesho, Urban Company and BlueStone complete their IPOs.

According to Prosus’ FY26 annual report, revenue from its India ecosystem rose 13% year-on-year to $781 million from $694 million a year earlier. The business posted an adjusted EBITDA profit of $18 million, compared with a loss of $25 million in FY25, while its adjusted EBIT loss narrowed to $10 million from $49 million.