PayU Boosts Board In Run-Up To IPO

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SUMMARY

The company has expanded its board of directors with three new appointments – former deputy governor of RBI Subhash Mundra, DevRey’s Manoj Kumar Agarwal and Prosus Ventures’ Ashutosh Sharma

This appointment has expanded the company’s board to eleven members

Last month, the company raised INR 1,013 Cr from its parent via a rights issue to fuel its IPO proceedings

Prosus-owned payment solutions giant PayU, which is gearing up for its initial public offering (IPO)…



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PayU Boosts Board In Run-Up To IPO


SUMMARY

The company has expanded its board of directors with three new appointments – former deputy governor of RBI Subhash Mundra, DevRey’s Manoj Kumar Agarwal and Prosus Ventures’ Ashutosh Sharma

This appointment has expanded the company’s board to eleven members

Last month, the company raised INR 1,013 Cr from its parent via a rights issue to fuel its IPO proceedings

Prosus-owned payment solutions giant PayU, which is gearing up for its initial public offering (IPO)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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