Prosus aims to list its Indian payments firm PayU in 2025, valued between $5B to $7B.
Prosus, a Dutch tech investor controlled by South Africa's Naspers, plans to list its Indian digital payments firm PayU in 2025. PayU, which competes with firms like Razorpay and PhonePe, had initially planned for an IPO last year with a valuation of $5 billion to $7 billion. The company, which also provides loans to small businesses, operates in a rapidly growing market with significant competition.
November 13, 2024
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