PayU IPO delayed as losses mount
- Posted on June 23, 2025
- By Financial Express
- 2 Views
PayU IPO delayed as losses mount
PayU delays IPO to 2026 as losses widen despite 24% revenue growth to $669M. Prosus shifts focus to profitability after adjusted EBIT loss rose to $44M. PayU India adds 13,000 merchants post RBI nod. Payment biz breakeven in H2FY25; plans new partnerships and Mindgate acquisition boost.
