Deal Talk: Naspers, Tencent may invest in Pine Labs; Digifin may raise seed funding from Sequoia, Matrix Partners

Team TC

TechCircle brings you a round-up of technology investments and M&A deals reported from across newsrooms. Naspers, Tencent ....

10 October, 2019

Deal Talk: Former Tiger Global executive Lee Fixel to start own fund; Kae Capital to raise third fund

Shweta Sharma

TechCircle brings you a round-up of technology investment and M&A deals reported from across newsrooms. Lee Fixel Former ....

16 September, 2019
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Naspers-owned PayU may acquire PaySense; Walmart in talks with Tatas to expand India presence

Team TC

Naspers-owned payment solutions provider PayU, which acquired  US-based fintech firm Wibmo for $70 million in April, is now ....

21 August, 2019

PayU strengthens India leadership team with 5 new hires

Team TC

PayU, a fintech company that provides payments technology to online merchants, has strengthened its top management team for the ....

8 August, 2019

PayU, Zoho sign deal for digital biz push

Payal Ganguly

Naspers-owned payment solutions provider PayU has signed a deal with Zoho customer relationship management to help merchants digitise ....

24 July, 2019

Former PayU MD Jitendra Gupta joins BharatPe board

Tanmay Tiwary

Jitendra Gupta, former managing director of PayU, will join the board of fintech firm BharatPe. Gupta will join co-founders ....

23 July, 2019
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Despite zero MDR, Mobikwik lines up big push for payment gateway arm

Payal Ganguly

Digital payments platform Mobikwik will focus on accelerating growth in its payment gateway business over the next two years, ....

22 July, 2019

PayU India sees another top exit; Xiaomi’s Shunwei Capital may invest in Yulu: Reports

Binu Paul

Online payment company PayU’s India founder and managing director Shailaz Nag has resigned from the firm, The Economic Times ....

11 July, 2019

PayU buys majority stake in Red Dot Payments for SE Asia expansion

Vijayakumar Pitchiah

Naspers-owned online payments major PayU has acquired a majority stake in Singapore-based payment solutions firm Red Dot Payments. The ....

5 July, 2019

Neo-bank Open onboards Tiger Global, Tanglin in Series B round

Payal Ganguly

Neo-bank for small and medium enterprises (SMEs) Open Financial Technologies Pvt. Ltd has raised Rs 210 crore ($30 million) in ....

25 June, 2019
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Digital lending marketplace ZestMoney raises Series B funding led by Quona Capital

Binu Paul

Bengaluru-based shopping loans marketplace ZestMoney has raised $20 million (about Rs 140 crore at current exchange rates) in ....

23 April, 2019

Dream11 joins unicorn bandwagon amid dealmaking flurry in fintech this week

Kavya Kothiyal

Startups in the financial technology segment were the flavour of the week even as Dream11 hogged the limelight for becoming the ....

12 April, 2019

Naspers-backed PayU buys digital payments firm Wibmo for $70 mn

Kavya Kothiyal

Naspers-owned PayU on Friday said it has acquired California-headquartered Wibmo Inc, which also operates in the digital payments ....

12 April, 2019

PayU eyes peer Wibmo for $50-60 mn; Quikr close to buying Zefo

Vijayakumar Pitchiah

Naspers-owned PayU is close to acquiring online payments firm Wibmo for an estimated $50-60 million (Rs 348.11 - 417.74 crore), ....

12 March, 2019

How this serial entrepreneur plans to automate banking transactions for SMEs

Payal Ganguly

Four-time entrepreneur Anish Achuthan is no stranger to starting-up. The co-founder of neo-banking app Open and former vice-president ....

6 March, 2019

Jio Money’s Anirban Mukherjee to head PayU operations in India

Payal Ganguly

Naspers-owned digital payments service provider PayU has announced the appointment of Anirban Mukherjee as India chief executive ....

20 February, 2019

PayU may invest up to $150 mn in Amazon-backed Capital Float: Report

Binu Paul

Naspers-owned PayU Payments Pvt. Ltd is in advance stages of negotiations to invest up to $150 million (Rs 1,073 crore) in digital ....

19 February, 2019

Naspers Ventures’ Ashutosh Sharma on why startups must focus on building platforms

Kavya Kothiyal

Naspers has long been one of the most prolific technology investors in India, with the South African conglomerate outpacing many ....

14 February, 2019

Account automation firm Open raises $4.6 mn in Series A round

Payal Ganguly

Bengaluru-based Open Financial Technologies Pvt. Ltd, which automates collections and payouts for small businesses, has raised ....

12 February, 2019

After payments, PayU India to focus on consumer credit

Payal Ganguly

When an interim report last month by South African internet and media conglomerate Naspers indicated that more than $14 billion ....

8 January, 2019

PayU India revenue for FY18 almost doubles

Payal Ganguly

Naspers-owned PayU Payments Pvt. Ltd almost doubled its revenue to Rs 588 crore for the financial year ended March 2018, according ....

26 December, 2018