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PAYU IPO
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...- Prosus broadening India remit to back firms at all stagesSpeaking to ET after Prosus reported its half-yearly earnings, its India ecosystem head Ashutosh Sharma said the investor has the ability t...
- Fintech feels RMG burn; Urban Company's D-Street debutHappy Thursday! The new gaming legislation is expected to hurt the business of payment aggregators. This and more in today's ETtech Morning...
- PayU India reports Rs 5,778 crore revenue in FY25; remains operationally lossmakingPayU India's payment division achieved breakeven in the second half of fiscal year 2025. Revenue grew due to deeper market penetration and ...
- Prosus delays Indian payments firm PayU IPO to enhance business operationsDutch technology investor Prosus is not planning to list Indian digital payments and lending firm PayU this year, with the focus on improvi...
- 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’s chief investment officer Vijay Agicha quitsVijay Agicha, chief investment and transformation officer of PayU, has resigned. He may join an investment firm. His departure follows rece...
- Prosus invests in Mintifi, Vastu Finance; eyes more India IPOs after Swiggy listingThe company revealed that it has secured 11% stake in supply chain finance firm Mintifi for approximately $80 million. It also acquired 8.4...
- PayU eyes full stack digital commerce playDigital payments company PayU is looking to expand its consumer fintech offerings through LazyPay, while maintaining its core focus on merc...
- 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...
- Swiggy’s revenue up 24% in calendar year 2023; quick commerce unit economics improve: ProsusProsus, the largest shareholder in Swiggy, reported a 24% revenue growth for the year ended March 31, 2024, with Swiggy's gross order value...
- Amazon's plan for Indian satcom space; Food delivery market overcomes seasonal weaknessAmerican tech giant Amazon is looking to enter India's growing satellite communication space and has sought approval from the authorities.
- Prosus-owned PayU targets India IPO filing in February, hires bankersPayU 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. It...
- 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...
- 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...
- 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...
- 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 ...
- Elon Musk lands Twitter; FirstCry to file for $1B IPO in MayIt's a watershed moment for the 16-year-old firm, which rose to become one of the world's most influential public squares but now faces a s...
- Paytm in exploratory talks with three payment gateway firms: SourcesPaytm is exploring a deal around the time when it is also looking at raising about $3 billion (about ₹21,900 crore) from capital markets th...
- US remittance processor Remitly hires advisers for IPO: ReportA clutch of digital payments startups have emerged over the past few years, offering cheaper and more convenient remittance methods
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