Bengaluru, June 23 -- Dutch investment group Prosus' internal rate of return for Indian portfolio companies Swiggy and PayU India stood at 23% and 13%, respectively, in 2024-25.
Prosus' venture investments ElasticRun, Meesho, and PharmEasy had an IRR of 28%, 20%, and -29%, respectively, showed the firm's financial results for the fiscal year.
Swiggy, which went public in November 2024, has seen its gross order value (GOV) grow by 29%, while its adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) losses reduced to $182 million, down from $261 million in 2023-24.
In the March quarter, Swiggy's GOV grew 40%, while its quick commerce GOV grew 101% year-on-year. The company added 316 new dark stores in the firs...
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