{"id":883270,"date":"2024-12-03T08:01:46","date_gmt":"2024-12-03T02:31:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=883270"},"modified":"2024-12-03T08:11:09","modified_gmt":"2024-12-03T02:41:09","slug":"pharmeasy-still-big-drag-on-prosus-portfolio-in-h1","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/03\/pharmeasy-still-big-drag-on-prosus-portfolio-in-h1\/","title":{"rendered":"PharmEasy still big drag on Prosus\u2019 portfolio in H1"},"content":{"rendered":"<p>Online pharmacy startup PharmEasy has delivered an internal rate of return (IRR) of -38% for global investment firm Prosus in the first half of this fiscal, according to the firm\u2019s half-yearly investor presentation. Meanwhile, B2B e-commerce platform ElasticRun recorded an IRR of 23%. <\/p>\n<p>Besides these two, Swiggy and PayU India reported an IRR of 21% each, while Meesho had an IRR of 20%, and ed-tech startup Eruditus generated returns of 14%. However, Eruditus is the only company in Prosus\u2019s ed-tech portfolio that has generated positive returns in H1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online pharmacy startup PharmEasy has delivered an internal rate of return (IRR) of -38% for global investment firm Prosus in the first half of this fiscal, according to the firm\u2019s half-yearly investor presentation. Meanwhile, B2B e-commerce platform ElasticRun recorded an IRR of 23%. Besides these two, Swiggy and PayU India reported an IRR of 21% each, while Meesho had an IRR of 20%, and ed-tech startup Eruditus generated returns of 14%. However, Eruditus is the only company in Prosus\u2019s ed-tech portfolio that has generated positive returns in H1.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-883270","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/883270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=883270"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/883270\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=883270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=883270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=883270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}