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.
5 July, 2023•9 min
0
5 July, 2023•9 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
Inside the math of instant help startups
Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?
You may also like
Internet
Physics Wallah’s entry into the perilous education business should set alarm bells ringing
Co-founders Alakh Pandey and Prateek Maheshwari made Physics Wallah the company it is today by keeping their focus on the digital media, test-prep business. With fresh funds at its disposal after the IPO, it is making the mistake of believing it is an education company.
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
Business
Yes Bank’s succession problem is a board problem
As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.