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Exclusive: Former PayU India executive

Exclusive: Former PayU India executive's startup Zinc shutting down operations?

25 Sep 2025, 13:12 PM

Launched in 2024, the fintech firm raised $25.5 million in seed round led by Nexus Venture Partners. Quona Capital, Saison Capital also participated in the round.

PayU India becomes majority shareholder in Mindgate

PayU India becomes majority shareholder in Mindgate

18 Sep 2025, 14:01 PM

Prosus' latest annual report had showed that it added another 26.5% stake to raise its ownership to 70% for $72 million.

PayU India secures Rs 302 crore investment from parent firm

PayU India secures Rs 302 crore investment from parent firm

15 Jul 2025, 11:40 AM

The fresh capital infusion in PayU India comes as the company struggles to achieve profitability and its initial public offering (IPO) plans continues to elude.

PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026

PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026

09 Jul 2025, 23:13 PM

According to internal data reviewed by The Head and Tale, the fair value of SARs under multiple PayU-linked schemes has plunged sharply by 30-60% yoy.

PayU India

PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

23 Jun 2025, 19:14 PM

PayU India's adjusted earnings before interest and taxes (EBIT) loss rose by 38% to $44 million during FY25 from $32 million in FY24.

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

05 Jun 2025, 10:54 AM

Sudhir Sehgal is set to join Paytm Payments Services Limited as Chief Operating Officer.

PayU appoints former RBI deputy governor, others to board

PayU appoints former RBI deputy governor, others to board

30 May 2025, 22:17 PM

The payment aggregator has Subhash Mundra, former Deputy Governor of the Reserve Bank of India as its board member.

What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

13 May 2025, 18:56 PM

The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.

Visa veteran Shailesh Paul to take over as Wibmo CEO

Visa veteran Shailesh Paul to take over as Wibmo CEO

06 May 2025, 10:51 AM

One of the sources told The Head and Tale that out the Rs 1,013 crore raised by PayU from its parent entity Prosus recently, a little over Rs 500 crore has been used to...

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

20 Mar 2025, 22:03 PM

As a part of this deal, PayU will acquire a 43.5% stake in Mindgate, while the majority ownership will remain with the company's founders.

Stock broker Groww in talks to acquire wealth-tech platform Fisdom

Stock broker Groww in talks to acquire wealth-tech platform Fisdom

13 Mar 2025, 18:00 PM

The talks between Fisdom and Groww are early as the stock broking major is also in negotiations with a few other firms for a potential investment or acquisition.

Whistleblower alleges corporate governance lapses at PayU

Whistleblower alleges corporate governance lapses at PayU

06 Mar 2025, 14:49 PM

Prosus, in a response, said that an independent investigation found that the allegations were not substantiated and concluded that there was no wrongdoing...

PayU, Razorpay, Cashfree, Easebuzz under ED probe in cryptocurrency scam

PayU, Razorpay, Cashfree, Easebuzz under ED probe in cryptocurrency scam

24 Jan 2025, 16:17 PM

The scam reportedly amassed over Rs 2,200 crore from individuals across 20 states. The 'proceeds of the crime' were transferred out of the country.

Exclusive: PayU acquiring UPI infra company for about $100 million

Exclusive: PayU acquiring UPI infra company for about $100 million

21 Jan 2025, 16:45 PM

The acquisition signals PayU's strategic move to gain a competitive edge in the rapidly expanding UPI market.

Exclusive: Razorpay, Cashfree discontinue payment processing via Juspay

Exclusive: Razorpay, Cashfree discontinue payment processing via Juspay

20 Jan 2025, 16:31 PM

"We have decided to discontinue our PA/PG support with third-party routing platforms, effective 30th April 2025," Razorpay said.

Exclusive: PayU undergoes leadership revamp after wave of senior exits

Exclusive: PayU undergoes leadership revamp after wave of senior exits

10 Jan 2025, 06:21 AM

Alongside his role as CEO of Red Dot Payments, former PayU India COO Mohit Gopal will assume responsibilities previously handled by Vijay Agicha, who resigned in November.

Exclusive: PayU chief business officer Sudhir Sehgal quits

Exclusive: PayU chief business officer Sudhir Sehgal quits

07 Jan 2025, 17:02 PM

His exit adds to a series of high-profile leadership exits at PayU over last couple of months.

A top executive at PayU steps down amid leadership changes [Exclusive]

A top executive at PayU steps down amid leadership changes [Exclusive]

29 Nov 2024, 02:26 AM

In recent months, The Head and Tale has exclusively reported on other senior-level departures at PayU India, including Wibmo CEO Suresh Rajagopalan.

Prosus eyes PayU IPO in 2025 after Swiggy

Prosus eyes PayU IPO in 2025 after Swiggy's successful listing

14 Nov 2024, 14:28 PM

Prosus said in a statement that it had gained $2 billion on its investment in the food delivery and quick commerce firm.

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 15:26 PM

A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.

Former PayU exec’s startup raises $25.5 million in seed round

Former PayU exec’s startup raises $25.5 million in seed round

05 Nov 2024, 02:34 AM

The company plans to use the funds to enhance product innovation and broaden its offerings, particularly in global investment tools, AI-driven university counseling, and cross-border payment solutions.

Wibmo CEO Suresh Rajagopalan resigns: sources [Exclusive]

Wibmo CEO Suresh Rajagopalan resigns: sources [Exclusive]

10 Oct 2024, 22:01 PM

Suresh Rajagopalan, chief executive officer of Wibmo, a PayU company, has resigned, according to sources.

PayU lays off close to 100 employees from credit team: sources

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 12:37 PM

Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.

The Payment Aggregator Paradox: License to Struggle?

The Payment Aggregator Paradox: License to Struggle?

24 Jul 2024, 07:13 AM

The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.

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