AWS sets out GenAI Loft tour from Bengaluru to promote innovationThe AWS GenAI loft will bring collaborative pop-up spaces to key AI hotspots around the world. It will also offer visitors a unique platfor...
29 Jul, 2024, 06.36 PM IST
PayU India FY24 consolidated revenue rises 22% to $1.1 billionProsus's fintech arm, PayU, reported a consolidated revenue increase of 22% in FY24, reaching $1.1 billion. This growth can be attributed t...
24 Jun, 2024, 11.33 PM IST
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...
28 Feb, 2024, 12.29 PM IST
PayU India H1 FY24 payments income rises to $211 million; fintech shutters LazyCard businessThe growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be...
29 Nov, 2023, 05.42 PM IST
Expect PayU India to be IPO-ready by H2 2024: Prosus interim CEO“We are growing very well not only on payments but on the credit side too,” Ervin Tu said. In his view, the public markets in India are ver...
29 Nov, 2023, 05.11 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
Anirban Mukherjee appointed PayU CEO as Le Moal steps backWith the elevation of Mukherjee, his predecessor Laurent Le Moal, who has been the global CEO of PayU since 2016, will step back from opera...
03 Oct, 2023, 01.50 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
ETtech Exclusive: PayU’s global CEO, CFO likely to quit after Prosus part-sells payments businessPayU India CEO Anirban Mukherjee is now slated to directly report to Prosus chief executive officer Bob Van Dijk and may take up additional...
25 Aug, 2023, 12.06 PM IST
PayU’s sharp focus on India could soon culminate in domestic public listingAs PayU exits other markets, it will focus on India, Turkey and South East Asia. For India, PayU wants to double down on the credit busines...
02 Aug, 2023, 12.52 AM IST
Puneet Chandok to head Microsoft India ops; PayU India may soon go for public listingFormer Amazon executive Puneet Chandok, who left the Seattle-based etailer’s Amazon Web Services team as its India and South Asia head, in ...
01 Aug, 2023, 07.46 PM IST
Prosus agrees to sell part of PayU to Rapyd for $610 millionProsus NV plans to sell part of its emerging-markets financial technology company PayU to Israel’s Rapyd for $610 million.
01 Aug, 2023, 12.21 PM IST
Decentro sets up operations in Singapore, appoints Wingpay's Saksham Shubham as business head for SE AsiaIt has also brought Saksham Shubham, a former Grab senior member and WingPay chief business officer, as business head for south east Asia t...
21 Feb, 2023, 11.52 AM IST
Volopay raises $29 million from Winklevoss, othersRapyd Ventures, fintech veterans Jeffrey Cruttenden, Sweta Rau, founder of White Ventures, Amrish Rau, CEO of Pine Labs, and Jitendra Gupta...
01 Mar, 2022, 09.43 PM IST
ETtech Bytes on 14 Jan. 2021: Top 5 Tech News Today, In 10 MinutesFrom Google’s action against lending apps in India to UBS AG's plan to pick up $400 million stake in Paytm, here are the top-five, must-rea...
15 Jan, 2021, 07.30 AM IST
Rapyd raises $300 million in funding from Coatue, Tiger Global, othersThe company plans to use the funds raised to double the engineering and product teams, as well as expand the 'self-service' element of Rapy...
14 Jan, 2021, 02.12 PM IST