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Meesho’s strong market debut boosts Prosus’ India bets

Hindustan Times Gurugram

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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.

Hindustan Times Gurugram से और कहानियाँ

Hindustan Times Gurugram

India’s top-performing AI stock faces scrutiny after 55,000% surge

The world’s best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the artificial intelligence boom.

time to read

2 mins

December 19, 2025

Hindustan Times Gurugram

Belgium, EU face off over Russian assets as Putin calls leaders ‘pigs’

Belgium insisted on Thursday that its European Union partners must provide ironclad guarantees that it will be protected from Russian retaliation before it would back a massive loan for Ukraine, AP reported.

time to read

1 min

December 19, 2025

Hindustan Times Gurugram

Hindustan Times Gurugram

Modi conferred with Oman's top honour

Prime Minister Narendra Modi was on Thursday conferred with the Order of Oman, a top civilian honour of the country, by Sultan Haitham bin Tarik for “his contributions to bilateral ties and visionary leadership”.

time to read

1 min

December 19, 2025

Hindustan Times Gurugram

Presence at natl camps must for selection: WFI

The Wrestling Federation of India’s new selection policy has made attendance at national camps mandatory for selection to the India team prohibiting wrestlers from training independently.

time to read

1 mins

December 19, 2025

Hindustan Times Gurugram

Need urgent roll-out of UPI market-share caps

here isa warning for all trusted systems in India in Indigo's recent operational meltdown.

time to read

3 mins

December 19, 2025

Hindustan Times Gurugram

Hindustan Times Gurugram

AI carbon footprint equals 8% of global aviation emissions

The boom in artificial intelligence in 2025 led to as much carbon dioxide (CO2) being released into the atmosphere as New York City does annually, according to a new study, The Guardian reported.

time to read

1 min

December 19, 2025

Hindustan Times Gurugram

Gzb: Body of landlady, killed by tenants, found in suitcase

High-rise rent horror

time to read

2 mins

December 19, 2025

Hindustan Times Gurugram

An evening of dance, legacy and grace

Just like every art form, dance, at its core, is a dialogue of aesthetics, technique, and expressive depth.

time to read

1 min

December 19, 2025

Hindustan Times Gurugram

MP: 3.5mn names likely to be deleted from rolls

Around 3.5 million names are likely to be removed from the electoral rolls of Madhya Pradesh after the first phase of Special Intensive Revision (SIR), state poll officials said on Thursday, a day before the draft rolls will be published.

time to read

1 min

December 19, 2025

Hindustan Times Gurugram

Employment in food delivery rises 27% amid rapid expansion

India’s food delivery sector directly employed 1.37 million workers in 2023-24, up from 1.08 million in 2021-22, expanding at a compounded annual growth rate (CAGR) of 12.3%, according to a recent study by the National Council of Applied Economic Research (NCAER), and investment group Prosus.

time to read

1 mins

December 19, 2025

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