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NASPERS BACKED PAYU
PayU’s chief investment officer Vijay Agicha quitsVijay Agicha, chief investment and transformation officer of PayU, has resigned. He may join an investment firm. His departure follows rece...- PayU partners with Amazon Pay Later to offer instant digital credit to shoppersThis follows the in-principle nod that the Naspers-backed fintech firm received from the RBI to operate as a payment aggregator, which allo...
- PayU's LazyPay expands quick commerce partnership with Blinkit additionLazyPay partners with Blinkit for seamless checkout, expanding its portfolio. PayU's revenue grows in India, driven by the credit business ...
- PayU India’s head of fintech investments Amrish Rau steps downIn a series of tweets on the popular microblogging platform, Rau said it was “time to have another new experience,” without disclosing his ...
- Fintech company PayU India names key leadership hiresThe company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership transition.
- PayU India to fill empty slots on topThe transition comes at a time when firm’s rivals are closing the gap.
- PayU in talks to buy WibmoNaspers-owned firm intends to own entire payment process through this acquisition; deal pegged at $60 m
- PayU is in talks to invest $150 million in CapFloatFintech major looking for 25-30% in Capital Float in a deal that could value the latter at about $500 millon
- PayU India hiving off lending business as a separate entityNew entity will house ‘buy now pay later’ product LazyPay.
- PayU India sees revenue nearly double to Rs 588 crore in FY18Firm claims 50% market share in ecommerce payments on the back of scaling ops and LazyPay launch.
- PayU India brings more than half the overall business of parent companyNaspers’ payments business, which gets majority of its revenues from India, valued at $5.2 billion, as per a Citi report.
- With 47 per cent of total volume, India is gateway for PayUThis comes at a time when PayU is betting big on its India business which is set to turn profitable in the next two months, EThad reported ...
- Back to where it all started: How Jitendra Gupta & Amrish Rau returned to head PayUIt’s rare for an entrepreneur to continue working in the startup he founded once it is acquired.
- PayU India wants $100-million in its wallet this fiscalPayU India reported revenue of about $61 million for the financial year ended March 31, 2017 according to filings submitted by the company.
- Naspers' PayU may invest in lending startup ZestMoneyThe ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...
- PayU India brings on board Maneesh Goel as new CFOMost recently, he has served as the CEO of Den Snapdeal TV Shop, building a TV commerce business in 2014 and scaling it up to achieve the b...
- Naspers makes a comeback to India; Eyes domestic fin-tech companiesInternet conglomerate is also scouting for deals in healthcare, logistics and AI sectors
- PayU raids big companies to hire seven top handsCompanies looking to launch products in non-payment verticals like lending and investments for SMBs.
- PayUMoney ties up with redBus to woo customers to walletPayU, started in 2011, is part of Naspers Group, which owns companies such as red-Bus, OLX and Goibibo.
- Online payment provider PayU to invest Rs 60 crore in branding and marketingPayU will spend about Rs 94 lakh per day on marketing followed by a second phase of the campaign with a new budget later this year.
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