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Meesho’s strong market debut boosts Prosus’ India bets

Hindustan Times Jaipur

December 15, 2025

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.

- Sneha Shah

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 2170.45 on the National Stock Exchange, a 53.6% premium to the initial public offering (IPO) price of 2111.

The company shed over 1% of its gains on Thursday, with its market capitalization at 275,942 crore, or $8 billion. With an 11.2% stake in the mass market online retailer, Prosus has struck gold. The firm that enjoys the reputation of having evergreen capital is in no hurry to sell.

This story is from the December 15, 2025 edition of Hindustan Times Jaipur.

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