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Prosus eyes PayU IPO in 2025 after stellar Swiggy listing

  • Dutch investor Prosus plans to list fintech firm PayU in 2025, with a valuation initially planned between $5 billion and $7 billion.
  • PayU, which is wholly owned by Prosus, recently received approval to operate as a payment aggregator in India.
  • PayU competes with Razorpay and PhonePe in India's digital payments market.
  • Prosus is an investor in several Indian startups and expects more portfolio companies to go public within 18 months.

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