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Prosus-owned PayU targets Feb for India IPO filing, hires bankers-sources

Netherlands-based PayU plans to ask for regulatory approval in February for an initial public offering worth at least $500 million in India, three people with direct knowledge said. .

payu india ipo: Prosus-owned PayU targets India IPO filing in February, hires bankers

PayU has appointed Goldman Sachs, Morgan Stanley and Bank of America as advisors for the IPO, which it plans to list by the end of 2024. It also plans to hire at least one Indian investment bank for the deal.

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