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Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...- Startup Mafia 2.0 going strong: Zomato, Freshworks, Zoho alumni launch 360 firmsIn 2023, ET reported that the second generation of the startup mafia had given rise to 253 companies. That number has since increased sharp...
- PayU raises stake in Mindgate to 70% as valuation hits $300 millionThe acquisition valued Mindgate at around $300 million, people aware of the development said. This is the second fund infusion from PayU in...
- PayU picks up 43% stake in payments solutions firm Mindgate valuing it at $250 millionSources told ETtech that PayU will acquire the Mumbai-based Mindgate Solutions fully over the next three years. The payouts to Mindgate wil...
- PayU invests $5M in BRISKPE to boost cross-border payments ecosystem for MSME merchantsThis investment underscores the importance of seamless international payments as part of PayU India’s strategy.
- PayU makes five new additions to board, Laurent Le Moal joins as non-independent directorPayU Payments strengthens corporate governance with new board members, including Renu Sud Karnad, IUHF president, and Laurent Le Moal. PayU...
- PayU eyes B2B pay, credit play under new top brassFrom being an early player offering online payments to internet companies back in 2011, to facing severe competition from new-age startups ...
- Prashanth Ranganathan’s new venture in talks for $20-25 millionRanganathan, who left Prosus-owned PayU earlier this year, is currently on gardening leave. His new venture will likely be in the wealthtec...
- Google-backed payments startup DotPe raises $54.4 million in funding led by TemasekThe new round comes after DotPe raised $27.5 million in funding in March 2021.
- Exclusive: Prosus deal adds to our heft, gives us necessary growth capital, says BillDesk cofounderBillDesk, founded in the year 2000 by MN Srinivasu, Ajay Kaushal and Karthik Ganapathy, has been acquired by global technology investor Pro...
- 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 ...
- PayU, Fosun closing $10m round in DotPeAdditionally, a number of high-profile angel investors are also expected to pump money into the company.
- More exits at PayU India, founder Shailaz Nag quitsJitendra Gupta, another managing director who was heading the lending business of PayU India – LazyPay — also announced his departure last ...
- PayU India’s Jitendra Gupta steps downPallav Jain, country head of PayU Finance, which was formerly known as LazyPay, is expected to take over from Gupta.
- PayU acquires digital financial security firm Wibmo for $70 millionWith this, PayU's fintech investment has crossed the $500 million mark, the company said, adding the investment has helped it reach within ...
- PayU wants to give up PPI licences, consumer walletsCEO Amrish Rau said the company was not very keen on pushing forward its consumer-facing business.
- 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 ropes in Airtel former executive to head consumer businessThe consumer business category will aim at unifying Indian banking services with latest fin-tech innovations by PayU and create a shift in ...
- PayU Money to launch Rs 50-crore 'Faide ki aadat' campaignThe company will launch the campaign with commercials across 90 national television channels; 300 cinema screens across the country.
- Grocery to be 2nd most transacted e-commerce segment in 1 year: PayUOnline grocery shopping is expected to see the highest number of electronic transactions, after mobile recharge according to data analysis ...
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