Reported 11 days ago
Prosus, the Dutch technology investor, aims to take Indian digital payments firm PayU public in 2025 after facing regulatory delays and setbacks. Despite initial hopes for a late 2024 listing, Chief Investment Officer Ervin Tu indicated that ongoing developments may push this timeline. Prosus currently owns 100% of PayU, which has recently resumed operations as a payment aggregator amidst a rapidly growing digital payments market in India.
Source: YAHOO