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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 ...- 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...
- Paytm shares nosedive 9% amid reports of ED probe in crypto scamPaytm Share Price: One97 Communications shares fell by up to 9% due to ED investigations into cryptocurrency scams involving several paymen...
- 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.
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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 ...
- 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...
- PayU makes slew of leadership appointmentsThe firm's existing senior executive Mohit Gopal will take on a new position as the chief operating officer, while Sudhir Sehgal has been e...
- PayU’s new product suite gives small businesses easier access to creditPayU's priority settlement feature allows merchants to choose between receiving funds in scheduled settlement cycles every 15 minutes, hour...
- 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...
- 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...
- 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.
- PayU eyes MobiKwik’s payment gatewayMobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
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