Prosus eyes PayU IPO in 2025 after stellar Swiggy listing

Quick Summary:

Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India.

Its chief executive, Fabricio Bloisi, said more portfolio companies could go public within 18 months.

It competes with Razorpay and Walmart-owned PhonePe in India’s fast-growing digital payments market.

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Article Details

Author / Journalist: Manish Singh

Category: Technology

Markets: United StatesIndia

Topics: Startups Prosus Ventures Fintech Payu Swiggy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 14:36:03 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23572239

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