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
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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
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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
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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

Xiaomi launches payments service Mi Pay

Payal Ganguly

Device maker Xiaomi has entered the crowded digital payments space in the country by partnering with ICICI Bank and PayU India. ....

21 December, 2018

Why India is the top market for Naspers-owned PayU

Binu Paul

India accounts for more than half of the total payment transactions for Naspers-owned PayU in the last six months, an interim ....

6 December, 2018

Fintech and beyond: The ‘Citrus Cartel’ is producing some juicy startup ideas

Payal Ganguly

Palo Alto has the ‘PayPal Mafia’, where at least 13 former staffers of the online payments giant including Elon Musk ....

3 October, 2018

PayU gets RBI nod for NBFC, to start credit business

Payal Ganguly

Online payments service provider PayU has received approval from the Reserve Bank of India to operate as a non-banking financial ....

17 September, 2018

Naspers keen on ed-tech, fin-tech & food-tech startups in India: CEO Bob van Dijk

Payal Ganguly

Having sold its 11.18% stake in Indian e-commerce firm Flipkart to US retail giant Walmart for $2.2 billion, Naspers continues ....

14 September, 2018

Digital lender ZestMoney closes stretched Series A funding round

Kavya Kothiyal

Bengaluru-based digital lending startup ZestMoney has raised $13.4 million (Rs 93.6 crore) in an extended Series A funding led ....

27 August, 2018

Video blogging startup Trell raises seed funding led by VC firms

Vijayakumar Pitchiah

Trell, a mobile-first video blogging app, has raised $1.25 million (Rs 8.58 crore) in its seed round of funding led by early-stage ....

26 July, 2018

Online lending platform PaySense raises Series B funds from PayU, others

Vijayakumar Pitchiah

Mumbai-based Paysense Services India Pvt. Ltd, which operates an online consumer lending platform, has raised $18 million (Rs ....

20 July, 2018

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

PayU leads $6.5 mn round of funding in ZestMoney

Dearton Thomas Hector

Bengaluru-based Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 43.5 ....

15 February, 2017