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PayU, Fosun, Naukri parent's VC fund back payments startup Dot

TMT

06 February, 2020

PayU, Fosun, Naukri parent's VC fund back payments startup Dot

DotPe Pvt. Ltd, a payments company set up by PayU India co-founder Shailaz Nag last year, said on Thursday it ......

Grapevine: VTB may sell Zee stake; Bank of India may sell most shares in JV

General

04 November, 2019

Grapevine: VTB may sell Zee stake; Bank of India may sell most shares in JV

VTB Capital plans to sell 10.71% pledged stake in borrower Zee Entertainment, The Economic Times said, a move that would ......

Social e-commerce startup CityMall gets funding from Citrus Pay founder, Xiaomi exec

TMT

03 October, 2019

Social e-commerce startup CityMall gets funding from Citrus Pay founder, Xiaomi exec

CityMall, a social e-commerce platform that sells lifestyle and curated products via peer-to-peer referrals on WhatsApp, has raised funding from ......

Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets

General

16 September, 2019

Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets

Former Tiger Global Management executive Lee Fixel is looking to invest around $1 billion (Rs 7,149 crore at current exchange ......

Naspers-owned PayUmoney to close its wallet service

TMT

04 January, 2018

Naspers-owned PayUmoney to close its wallet service

Gurgaon-based PayU India Internet Pvt Ltd, which offers an online payment solution for individuals and businesses under PayUMoney, is shutting ......

PayU India's Jitendra Gupta on competition in payments sector, profitability and more

Finance

21 December, 2017

PayU India's Jitendra Gupta on competition in payments sector, profitability and more

The online payments segment in India is said to be hypercompetitive and commercially tough. But Jitendra Gupta, managing director at ......

Payments space not hypercompetitive, says PayU India's Jitendra Gupta

TMT

29 November, 2017

Payments space not hypercompetitive, says PayU India's Jitendra Gupta

The perception that the payments sector in India is hypercompetitive and that one cannot make money in the space is ......

Naspers ups stake in Flipkart with $71 mn top-up

TMT

27 June, 2017

Naspers ups stake in Flipkart with $71 mn top-up

South African technology conglomerate Naspers has invested an additional $71 million (about Rs 458 crore) in Flipkart, taking its stake ......

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Citrus Pay co-founder's Cube Consumer raises seed funding

TMT

29 May, 2017

Citrus Pay co-founder's Cube Consumer raises seed funding

Mobile banking portal operator Cube Consumer Services Pvt. Ltd, which was launched by co-founder of online payments company Citrus Pay, ......

Attitude, team key to backing startups, say panellists at VCCircle event

General

16 February, 2017

Attitude, team key to backing startups, say panellists at VCCircle event

A critical factor that investors look at before investing in startups, particularly in early-stage ventures, is the founder and his ......