Prosus-Backed PayU’s India Unit Seeks IPO Within Next 12 Months
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The Indian unit of Prosus NV’s PayU financial technology firm is seeking an initial public offering within the next 12 months, according to Prosus interim Chief Executive Officer Ervin Tu.
“We are preparing for a potential listing of PayU, aiming for the second half of next calendar year,” Tu said on a call Wednesday after Prosus published its fiscal first half results.