Prosus has an ambitious IPO plan for PayU India
The intent to separate PayU’s India business from its global operations and list it is all very well, but a knotty ownership structure, regulatory hurdles and wary investors could get in the way.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
The growing unease of EaseMyTrip’s investors
The online travel aggregator is struggling to grow now more than ever. Meanwhile, its promoters' stake sales reveal a pump and dump pattern that does little to ease shareholders’ concerns.
Will India’s quick commerce success eventually gut the MRP?
Beyond convenience charges and private labels as ways to increase margins, it is dynamic pricing that offers a sustainable way out for quick-commerce players.
Lenskart may be the redemption Indian new-age businesses need
The 17-year-old eyewear company is finally approaching the public markets. Its stellar numbers and international footprint set it apart.