Prosus-owned payment gateway PayU aims to file for $500m India IPO in Feb

Prosus-owned payment gateway PayU aims to file for $500m India IPO in Feb

FILE PHOTO: A general view of the Bombay Stock Exchange (BSE) in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas/File Photo

The 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.