Informative

Exclusive: PayU Bags INR 1,013 Cr Via Rights Issue From Parent Prosus

Update / Judgement Date

30 Apr 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementInvestment BankingStart-Up & DPIIT

Fintech company PayU has secured ₹1,013 crore through a rights issue from its parent company, Prosus. The capital infusion is expected to bolster PayU's operations, support growth initiatives, and strengthen its position in the competitive digital payments landscape.

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Exclusive: PayU Bags INR 1,013 Cr Via Rights Issue From Parent Prosus

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