India top priority, says Prosus CEO

Highlighting India as the company’s most important growth market, Fabricio Bloisi, group chief executive officer (CEO) of the Dutch technology investor Prosus signalled a sharp acceleration in artificial-intelligence investments across its portfolio in the country.

- PEERZADA ABRAR

He termed the country as central to Prosus’ long-term strategy in areas such as payments, mobility, travel and AI-enabled consumer services. “India is our top priority,” Bloisi told Business Standard during the company’s HiFY26 Results media call.

The Dutch investor posted steady growth in its India operations for the six months ended September 30, 2025, led by a stronger PayU performance and continued momentum across its broader portfolio.

Prosus said PayU India registered 20 per cent revenue growth to $397 million. The business continues to grow its client base after a slight hiatus associated with obtaining the payment aggregator licence from the regulator. As it builds its base, PayU India is focused on profitable growth. This focus is evident in the substantial improvement in its Ebitda margin, which rose by 6 percentage points from -6 per cent in HiFY25 to breakeven in HiFY26, with a profitable Q2FY26.