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PayU

HDFC veteran, founders of law, advisory firms join PayU's board

People

28 February, 2024

HDFC veteran, founders of law, advisory firms join PayU's board

Naspers-owned financial services provider PayU Payments has appointed five new board members – three independent and two non-executive non-independent directors ......

Prosus-owned PayU targets Feb for India IPO filing

TMT

10 October, 2023

Prosus-owned PayU targets Feb for India IPO filing

Netherlands-based PayU plans to ask for regulatory approval in February for an initial public offering worth at least $500 million ......

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Grapevine: Ex PayU exec's startup eyes funding; Asha Ventures raising $100 mn fund

General

28 August, 2023

Grapevine: Ex PayU exec's startup eyes funding; Asha Ventures raising $100 mn fund

Former PayU Finance India chief executive Prashanth Ranganathan has held discussions with a host of investors to raise funding for ......

Prosus sells PayU's global payments biz for $610 mn, to sharpen focus on India

Finance

01 August, 2023

Prosus sells PayU's global payments biz for $610 mn, to sharpen focus on India

Netherlands-based private equity player Prosus, which is a backer of multiple Indian startups including Byju's, DeHaat, Fashinza, The Good Glamm ......

Prosus-owned PayU's FY23 revenue grows in double digits

Finance

27 June, 2023

Prosus-owned PayU's FY23 revenue grows in double digits

Payment services provider PayU Payments Pvt. Ltd, has generated a revenue of $399 million (Rs 3,271 crore) for FY23, up ......

PayU onboards former IndusInd exec to lead risk ops

Finance

14 February, 2023

PayU onboards former IndusInd exec to lead risk ops

Prosus-owned PayU Payments Pvt Ltd on Tuesday appointed Manish Deo as the company’s head of risk operations and anti-money laundering. In ......

PayU's LazyPay, Kissht blocked after IT Ministry's order

Finance

07 February, 2023

PayU's LazyPay, Kissht blocked after IT Ministry's order

Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning ......

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Finance

28 October, 2022

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Prosus-owned PayU Payments Pvt Ltd on Friday reported a 51% rise in its revenue at Rs 2,130.3 crore for the financial year ......

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Why Prosus backed out from a deal that would have made PayU a market leader

TMT

05 October, 2022

Why Prosus backed out from a deal that would have made PayU a market leader

By all accounts, Dutch payments major Prosus appears to have used a technicality to wriggle out of its agreement to ......

Premium
BillDesk shareholders explore legal options against Prosus

TMT

04 October, 2022

BillDesk shareholders explore legal options against Prosus

Prosus NV terminated a $4.7 billion deal to buy BillDesk, citing a breach of conditions, just hours before the deadline, ......