Prosus' PayU India posts first full-year operating profit in FY26
Revenue rose 13% to $781 million for the year ended March 31, 2026.
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Revenue rose 13% to $781 million for the year ended March 31, 2026.
The statement noted that the partnership is one of the first collaborations between a sovereign LLM provider and a payment aggregator to power AI-driven agentic payments.
The payments business grew 20% to $301 million during the period, fuelled by a 55% jump in payment transactions led by UPI.
The approval comes as the Prosus-owned company is inching closer to acquiring a point-of-sale (PoS) player.
PayU has been seriously exploring a buyout in offline space for quite some time now. It also had talks with two other companies.
Prosus' latest annual report had showed that it added another 26.5% stake to raise its ownership to 70% for $72 million.
The fresh capital infusion in PayU India comes as the company struggles to achieve profitability and its initial public offering (IPO) plans continues to elude.
According to internal data reviewed by The Head and Tale, the fair value of SARs under multiple PayU-linked schemes has plunged sharply by 30-60% yoy.
PayU India's adjusted earnings before interest and taxes (EBIT) loss rose by 38% to $44 million during FY25 from $32 million in FY24.