Digital payments company PayU announced on Friday that it had expanded its board by appointing three new directors.
Subhash Mundra, former deputy governor of the Reserve Bank of India (RBI), and Manoj Kumar Agarwal, cofounder of security solutions company DevRay, will join the board as non-executive independent directors.
Ashutosh Sharma, head of investments and M&A for India at Prosus Ventures, will join as a non-executive, non-independent director. This takes the board strength to 11.
PayU is a subsidiary of Prosus, which is the Netherlands-listed…
