PayU Boosts Board In Run-Up To IPO

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)…