Prosus

PayU Plots India IPO For Second Half of 2024
PayU Plots India IPO For Second Half of 2024
November 29, 2023  |  IPO

Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed...

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Report: PayU Indian IPO Could Value Company at $7 Billion
Report: PayU Indian IPO Could Value Company at $7 Billion
October 10, 2023  |  IPO

Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for...

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PayU India Rolls out Tools for Merchants
PayU India Rolls out Tools for Merchants
September 05, 2023  |  B2B Payments

PayU India has introduced new tools to help businesses address various payment challenges. The online payments company’s CommercePro stack, announced Tuesday (Sept. 5), is designed to help merchants...

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PayU Selling Bulk of Business to Rapyd to Focus on India
PayU Selling Bulk of Business to Rapyd to Focus on India
August 01, 2023  |  Acquisitions

Payments company PayU will sell most of its global business to Rapyd in a $610 million deal. The all-cash transaction, announced Tuesday (Aug. 1), will...

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Report: PayU Could Be Sold Off by Owner Prosus
Report: PayU Could Be Sold Off by Owner Prosus
May 09, 2023  |  International

Investment firm Prosus is reportedly considering a sale for its payments company PayU. The company is working with Bank of America Corp. as it determines...

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PayU-BillDesk Deal Collapses at Last Minute
PayU-BillDesk Deal Collapses at Last Minute
October 03, 2022  |  Acquisitions

Dutch technology investment giant Prosus has canceled its subsidiary PayU’s $4.7 billion acquisition of Indian digital payments processor BillDesk, saying conditions of the deal had...

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Food Expense Management Platform Sharebite Nets $39M for Expansion
Food Expense Management Platform Sharebite Nets $39M for Expansion
June 28, 2022  |  Investments

Sharebrite, a food benefits platform, announced Tuesday (June 28) that it has closed a Series B round for $39 million, which it intends to use...

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Prosus Reaches $4.7B Deal For India’s BillDesk
Prosus Reaches $4.7B Deal For India’s BillDesk
August 31, 2021  |  Partnerships / Acquisitions

Dutch technology investment firm Prosus is closing a $4.7 billion deal to acquire Indian payment firm BillDesk, which Prosus will combine with its FinTech PayU,...

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Prosus To Accelerate Grocery Delivery In Europe With ‘Dark Stores’
Prosus To Accelerate Grocery Delivery In Europe With ‘Dark Stores’
June 21, 2021  |  Delivery

Prosus, the largest consumer internet company in Europe, wants to expand its grocery services through the use of “dark stores,” Bloomberg reported Monday (June 21), noting...

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