PaySense explores lending opportunity, acquires an NBFC
ET had in August reported that PayU was in talks to acquire PaySense in a potential cash-and-stock deal.
Flipkart puts $4 million in EasyRewardz
The investment, as per EasyRewardz executives, is part of an ongoing funding round that could also se...
PayU eyes MobiKwik’s payment gateway
MobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
Naspers-PayU, Tencent eye stake in Pine Labs
While Pine Labs does not have a high cash burn, the additional capital raised will help it expand in the lending space.
Shopmatic signs partnership with PayU
At present, Shopmatic allows shoppers to pay via UPI, eWallets, debit and credit cards, and net-banking. PayU will provide merchants with access to a powerful dashboard for managing all transactions and tracking business performance on the go.
PayU leads Rs 78 crore funding round in Fisdom
Through this move, PayU is entering wealth and investments technology as it seeks to move beyond digital payments into broader financial services.
Don’t let vested interests stifle innovation: Prosus CEO
Prosus CEO Bob van Dijk's statement comes at a time when the DPIIT is looking into online food delivery companies like Zomato and Swiggy, where Prosus owns a 39% stake for an investment of $850-900 million, for deep discounting, data masking and private labels.
ElasticRun raises $40 million from Prosus Ventures, Avataar, others
ElasticRun will invest freshly raised capital to further build its technology platform, expand categories, and expand its network coverage to new geographies, its cofounder Sandeep Deshmukh said.
India remains the No 1 focus for Naspers: Group CEO Bob van Dijk
South African firm has ploughed $4 billion into India over past five years, making it the second largest internet investor after SoftBank.
Naspers to bet on machine learning
Naspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup 18 years ago.
Fintech company PayU India names key leadership hires
The company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership transition.
PayU India to fill empty slots on top
The transition comes at a time when firm’s rivals are closing the gap.
PayU, Fosun closing $10m round in DotPe
Additionally, a number of high-profile angel investors are also expected to pump money into the company.
SoftBank, Naspers eye Dream11 stake
The deal could see the participation of more than one new investor. Additionally, Dream11’s existing backer Tencent is also keen to increase its stake in the company.
Neo bank Juno raises Rs 21 crore in seed round
Juno was founded in July this year by Varun Deshpande, Ratnesh Ray and Siddharth Verma, who also created the Consensys-backed Nuo protocol in 2018.
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