Prøve GULL - Gratis

Meesho IPO boosts Prosus's India bets

Mint Hyderabad

|

December 15, 2025

Co follows a long-term approach, preferring not to sell its stakes

- Sneha Shah

Meesho IPO boosts Prosus's India bets

Prosus backed Meesho for its social commerce potential, and its strong IPO now validates the strategy, says Ashutosh Sharma, head of India Ecosystem.

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.

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.

FLERE HISTORIER FRA Mint Hyderabad

Mint Hyderabad

Mint Hyderabad

Factor market reforms could set the stage for India’s next big leap

Bold moves on land, power and capital would enable the country to emerge as a globally competitive manufacturing hub

time to read

3 mins

December 15, 2025

Mint Hyderabad

Mint Hyderabad

'India needs more credit to be developed by 2047'

India needs to extend the reach of credit in the economy to become a developed nation by 2047, even as companies increasingly move away from traditional bank financing, top bankers said at Mint’s BFSI Conclave.

time to read

1 mins

December 15, 2025

Mint Hyderabad

'Push women, SCs, STs for deputation'

The Centre has asked states to nominate women officers and those from Scheduled Castes (SCs) and Scheduled Tribes (STs) for appointment in key posts on central deputation so that adequate representation can be provided to them.

time to read

1 min

December 15, 2025

Mint Hyderabad

New Iffco MD eyes 10% growth in FY26

Indian Farmers Fertiliser Cooperative Ltd (Iffco) managing director K.J. Patel has projected a 10% net profit growth for fiscal year 2026 (FY26), even as the cooperative grapples with sluggish domestic adoption of its flagship nano-fertilizers and intensifies farmer training programmes to unlock their potential.

time to read

1 min

December 15, 2025

Mint Hyderabad

Innovative industries seen as key to sparking growth

New energy, new materials, aerospace and low-altitude economy to get policy boost. Ma Si reports

time to read

3 mins

December 15, 2025

Mint Hyderabad

Mint Hyderabad

Meesho IPO boosts Prosus's India bets

Co follows a long-term approach, preferring not to sell its stakes

time to read

2 mins

December 15, 2025

Mint Hyderabad

Mint Hyderabad

Budget 2026-27: CII suggests reforms for investment-led growth

Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments, and maintain India’s momentum as one of the world’s fastest-growing major economics.

time to read

2 mins

December 15, 2025

Mint Hyderabad

Mint Hyderabad

Where gold and emerald meet in a realm of ageless wonder

Shifting waters meet in Gansu province, revealing ancient stories, quiet beauty and fleeting moments of awe.

time to read

3 mins

December 15, 2025

Mint Hyderabad

Mint Hyderabad

Crypto executives search for financial redemption in Persian Gulf

The word went out among those gathered for the crypto conference: The Big Money guys were here.

time to read

4 mins

December 15, 2025

Mint Hyderabad

Pulses being wasted due to unsafe storage

A government-commissioned study on India’s pulses stocks shows serious gaps in storage practices, raising concern over availability of a key protein source for millions of Indians.

time to read

1 min

December 15, 2025

Listen

Translate

Share

-
+

Change font size