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Swiggy delivers for Prosus with 23% IRR

Mint Mumbai

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June 24, 2025

Prosus saw its core headline earnings grow 47% on-year to $7.4 billion, up from $5 billion in the previous fiscal

- Rwit Ghosh

Dutch investment group Prosus' internal rate of return (IRR) for Indian portfolio companies Swiggy and PayU India stood at 23% and 13%, in 2024-25.

Prosus' venture investments ElasticRun, Meesho, and PharmEasy had an IRR of 28%, 20%, and -29%, showed the firm's financial results for the fiscal year. In 2024, Swiggy saw its gross order value (GOV) grow by 29%, while its adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) losses fell to $182 million from $261 million a year ago.

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