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How Citrus Pay made 15 of its staff crorepatisAbout 50 employees are set to share in the spoils with an estimated Rs 43 crore being allocated as returns on the employee stock option pla...
Naspers-owned PayU snaps up Citrus Pay for $130 million in one of the largest fintech deals in IndiaIn largest deal in Indian consumer internet space, Naspers-owned payments service to buy Mumbai-based rival with big returns for early inve...
Naspers set to acquire Citrus Pay; deal expected between Rs 1,000 crore-1,200 croreUnder the proposal, Mumbai-based Citrus Pay will be absorbed by PayU, the online payments service provider owned and operated by the Cape T...
Internet payments processor Citrus Pay to waive charges on government billsInternet payments processor Citrus Pay has decided to waive all fees on online payments made to govt bodies for next 18 months - a move whi...
Citrus Payments carves out Cube into separate entity; Cofounder Satyen Kothari to head new ventureCitrus Payments has hived off its mobile banking app Cube into a separate corporate entity, with one cofounder, Satyen Kothari, leaving to ...
Sequoia Capital & Ascent Capital lead $25 million funding round in Citrus PayPayment solutions company Citrus Payment Solutions has raised about $25 million (about Rs162 crore) from a consortium of new and existing i...
Citrus Payment aims for $4 bn gross merchandise value strike rate in FY16The company, which counts Jet Airways, IndiGo, TinyOwl and Faasos among its clients, has a GMV run rate of $2 billion.
How to decode a term sheet rightMany investors try to lock in promoters who sign a term sheet for periods varying from 45-90 days, during which time they cannot negotiate ...
Faasos signs up with Citrus Pay; to integrate wallet in mobile appA growing number of internet and mobile-first ventures are now opting for digital payments.
Paypal founder Peter Thiel to invest in $25 million round for Citrus PayIndian payments market is set to become hotter as Paypal founder Peter Thiel looks to back the next big potential winner in the space — Cit...
MobiKwik in talks with venture capital funds to raise $25 millionThe move comes weeks after the Reserve Bank of India asked ventures providing services to domestic consumers to follow the two-step authent...
How Citrus is solving your digital payment angstCitrus has moved away from business as usual in the digital payments space with its innovative solutions in the payment gateway business.
Japan's Netprice looks to fund more Indian startups; zeroes in on web and mobile spaceAverage investment ticket sizes will range between $500,000 (Rs 3.1 crore) and $4 million (Rs 24.9 crore) per transaction for Netprice.
Japanese investors flocking to Indian shores to invest in early stage technology venturesNetprice .com, one of Japan’s largest investor firms and consumer internet-focused incubators, is scouting for opportunities in India.
Electronics payment firm FSS feeds on investor appetite to raise Rs 350 croreChennai-based electronics payment processing firm Financial Software and Systems has decided to ride on the current investor appetite in th...
Citrus Payment ropes in econtext Asia, Beenos Asia to raise Rs 33.9 crore for expansion plansThe new investors include Japanese company econtext Asia and Beenos Asia, a wholly-owned subsidiary of Japanese e-commerce and incubation m...