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PayU IPO delayed as losses mount
Financial Express Hyderabad
|June 24, 2025
THE IPO of digital payments and lending platform PayU has been postponed to 2026 as the company's losses continue to increase, Nico Marais, CFO of Dutch investor Prosus said on Monday.
Prosus owns 100% of PayU and has been planning to list the company since late 2023.
"That (IPO) is not going to be our focus in the next year. Our focus is actually going to be to improve that business," Marais told Reuters.
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