PayU India Bags INR 302 Cr From Prosus To Grow Credit Business

PayU India issued 4.9 Cr equity shares to MIH Payments Holdings B.V., the investment arm of Prosus parent Naspers, last month

This fundraise is to fuel the growth of our credit business, which is expected to breakeven by September

PayU India’s total revenue grew 21% year-on-year to $669 Mn in FY25 from $551 Mn in FY24

Prosus-owned fintech platform PayU India has raised INR 302 Cr (about $35 Mn) from its parent Prosus to shore up its credit business.

As per the company’s MCA filings accessed by Inc42, PayU India…