EV funding slows down; cloud kitchens chart a comebackFunding for India’s EV sector has nearly halved between 2022 and 2024. This and more in today’s ETtech Top 5.
26 Dec, 2024, 07.48 PM IST
ET World Leaders Forum; PayU’s consumer payments pushHappy Monday! Top startup and tech leaders at the Economic Times World Leaders Forum said India is poised to become the hub of tech innovat...
02 Sep, 2024, 09.46 AM IST
Prosus cuts Byju's valuation to under $3 billion; PayU India, Swiggy H1 financialsTechnology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...
29 Nov, 2023, 08.20 PM IST
Prosus-owned PayU targets Feb for India IPO filing, hires bankers: ReportPayU has appointed Goldman Sachs, Morgan Stanley and Bank of America as advisors for the IPO, which it plans to list by the end of 2024, th...
10 Oct, 2023, 03.59 PM IST
Dunzo rocked by five board exits; Anirban Mukherjee appointed PayU CEOBeleaguered quick commerce startup Dunzo, which has been scrambling to lock in some desperately-needed funding, has seen five exits from it...
03 Oct, 2023, 08.00 PM IST
PayU’s global CFO Aakash Moondhra steps down“September 30, 2023 will be my last day at PayU/Prosus Fintech in the capacity of global CFO. It has been an extremely enriching and a grat...
28 Sep, 2023, 08.05 PM IST
Bob van Dijk abruptly steps down as CEO of Prosus, parent NaspersProsus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...
19 Sep, 2023, 12.06 AM IST
Exclusive: Top-deck changes at PayU; SMEs tap homegrown apps for advertisingWe have a Friday AM scoop today on big changes underway at Prosus-owned online payments major PayU. This and more in today’s ETtech Morning...
25 Aug, 2023, 08.30 AM IST
Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
10 May, 2023, 08.39 PM IST
Karnataka blinks, allows app-based auto aggregators to charge 5% fee; ex-Nykaa CFO joins PayU IndiaThe Karnataka government on Friday announced that it has decided to allow app-based aggregators to charge a convenience fee of 5% to custom...
25 Nov, 2022, 08.38 PM IST
Former Nykaa CFO Arvind Agarwal to take over as chief financial officer of PayU IndiaConfirming the development, a PayU spokesperson said: “We are excited to welcome Arvind to our leadership team at this opportune time with ...
25 Nov, 2022, 07.19 PM IST
PayU calls off $4.7 bn acquisition of BillDeskProsus, the global investment arm of South African multinational Nasper, had on August 31 last year announced acquisition of BillDesk in an...
04 Oct, 2022, 12.47 AM IST
CCI nod to PayU-BillDesk $4.7B deal after a year; ONDC not a giant killer after allThis comes after a year-long wait for the Prosus-owned PayU which has had to answer several questions from the regulator over the past year...
26 Sep, 2022, 12.37 PM IST
PayU hires a new chief information security officerHe would be responsible for embedding best-in-class security within PayU’s product and technology services, according to a company statemen...
05 Oct, 2020, 12.17 PM IST
PayU makes two key appointments to fortify Indian leadership teamSehgal has more than 20 years of experience across product and portfolio management, brand management, underwriting, sales, and distributio...
27 Feb, 2020, 10.35 AM IST
PayU buys PaySense for an equity valuation of $185 millionOn the complete consummation of the deal over the next 24 months, PayU will have about 80% stake in the merged entity.
11 Jan, 2020, 11.32 AM IST
PayU eyes MobiKwik’s payment gatewayMobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
22 Oct, 2019, 08.52 AM IST