Prosus India ecosystem turns EBITDA profitable in FY26, led by PayU's $781M revenue
PayU drove Prosus' India portfolio to adjusted EBITDA profit of $18M (vs -$25M FY25) as India revenue rose 13% to $781M. PayU revenue grew 10% to $577M with credit up 19% to $204M and TPV at $90B, ~25% of India online payments. Meesho, Urban Company and BlueStone completed IPOs.
Prosus' India ecosystem turned adjusted EBITDA profitable in FY26, led by fintech PayU, with revenue up 13% to $781M. PayU integrates payments/credit across Swiggy, Meesho, ixigo, Urban Company and Rapido; Meesho, Urban Company, BlueStone completed IPOs.