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Prosus Eyes PayU IPO In 2025

  • Dutch investor Prosus is eyeing an IPO for its portfolio company PayU in India in 2025.
  • Prosus' chief investment officer stated that they were initially planning for an IPO in 2024 but had to defer the plans.
  • PayU, owned by Prosus' Nasper Group, provides payment and financial services in multiple regions.
  • PayU India's revenue grew 11% YoY in FY24, and the company aims to lead the fintech space in India.

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