The company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership transition.

The transition comes at a time when firm’s rivals are closing the gap.

Naspers-owned firm intends to own entire payment process through this acquisition; deal pegged at $60 m

Fintech major looking for 25-30% in Capital Float in a deal that could value the latter at about $500 millon

New entity will house ‘buy now pay later’ product LazyPay.

Firm claims 50% market share in ecommerce payments on the back of scaling ops and LazyPay launch.

Naspers’ payments business, which gets majority of its revenues from India, valued at $5.2 billion, as per a Citi report.

This 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 ...

It’s rare for an entrepreneur to continue working in the startup he founded once it is acquired.

PayU India reported revenue of about $61 million for the financial year ended March 31, 2017 according to filings submitted by the company.

The ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...

Most 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...

Internet conglomerate is also scouting for deals in healthcare, logistics and AI sectors

Companies looking to launch products in non-payment verticals like lending and investments for SMBs.

In a career spanning over 20 years, Moondhra has worked with companies including, AT&T, Baring Private Equity and Bharti Group in various c...

PayU, started in 2011, is part of Naspers Group, which owns companies such as red-Bus, OLX and Goibibo.

PayU 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.