Mumbai, Dec. 15 -- The Netherlands-headquartered Prosus' India thesis is paying off in quick succession, and the global consumer-internet investor is now gearing up to deploy more patient capital across consumer internet, artificial intelligence (AI) and fintech, senior executives told Mint. The clearest proof point is Meesho-where Prosus is among the largest institutional backers-as the company's strong market debut at an over 53% premium has sharply boosted the value of its investment and strengthened its confidence in India as a long-term growth market.

On Wednesday, Meesho's share price ended the listing day at Rs.170.45 on the National Stock Exchange, a 53.6% premium to the initial public offering (IPO) price of Rs.111. The company ...