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PayU expands board with appointments of three new directors

PayU has expanded its board by appointing three new directors: Subhash Mundra, former deputy governor of the Reserve Bank of India, and Manoj Kumar Agarwal, cofounder of security solutions company DevRay, as non-executive independent directors. Ashutosh Sharma, head of investments and M&A for India at Prosus Ventures, joins as a non-executive, non-independent director. This brings the total number of board members to 11.
StartupNews.fyi
ProSus NLD IND Subhash Sheoratan Mundra Ashutosh Sharma Manoj Kumar Agarwal Show more
Business & Industry, Press Release
07:28 31.05.2025

PayU expands board ahead of IPO with key new appointments

PayU has expanded its board of directors ahead of its IPO, adding three new members: former RBI deputy governor Subhash Mundra, Manoj Kumar Agarwal from DevRey, and Ashutosh Sharma of Prosus Ventures. This brings the total board size to eleven members. Recently, the company raised INR 1,013 Cr from its parent through a rights issue to support its IPO efforts.
StartupNews.fyi
Indian Rupee IND Subhash Sheoratan Mundra Ashutosh Sharma Manoj Kumar Agarwal Show more
Business & Industry, Press Release
15:43 30.05.2025
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