Search for: Prosus

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

25 Jul 2025, 12:26 PM

A day after the stellar listing of its portfolio company Swiggy, Prosus said it is aiming to list fintech firm PayU in 2025. The Gurugram-based payments comp...

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

26 Jul 2025, 17:10 PM

The value of stock appreciation rights (SARs) allocated to PayU India employees has taken a significant hit over the past financial year, reflecting the...

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

25 Jul 2025, 13:02 PM

In recent months, Gurugram-based fintech PayU has seen several senior-level departures. According to sources, one of the top executives,...

Prosus picks 10.65% stake in Mintifi for $80 million

25 Jul 2025, 12:26 PM

Prosus has announced an investment of $80 million (around Rs 680 crore) in a supply chain financing firm Mintifi. The group picked 10.65% stake in the f...

KYC startup Equal raises $10 million in Series A led by Prosus, others

25 Jul 2025, 12:26 PM

Equal, data sharing and ID verification platform, has raised $10 million in its Series-A round led by Prosus Ventures, Tomales Bay Capital and its found...

PayU India secures Rs 302 crore investment from parent firm

25 Jul 2025, 12:28 PM

PayU India has received fresh investment of Rs 302 crore from its parent company, the Dutch technology investor Prosus, to expand its lending operations...

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

25 Jul 2025, 12:28 PM

Indian digital payments and lending firm PayU India recorded 24% growth in overall revenue to $669 million in the financial year ended March 2025....

Whistleblower alleges corporate governance lapses at PayU

25 Jul 2025, 13:02 PM

One of India’s top payment aggregators PayU is facing allegations of financial misconduct, regulatory violations, and unethical busin...

Exclusive: PayU undergoes leadership revamp after wave of senior exits

25 Jul 2025, 12:26 PM

After a slew of senior exits, Gurugram-based fintech firm PayU is undergoing a major reorganization, sources close to the matter told The Head and Ta...

Exclusive: PayU chief business officer Sudhir Sehgal quits

25 Jul 2025, 12:26 PM

Sudhir Sehgal, chief business officer at PayU, has resigned, three people confirmed to The Head and Tale.

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

25 Jul 2025, 12:26 PM

PayU Finance, the non-banking financial company (NBFC) unit of payment service provider PayU, laid off around 100, or a third of its staff, on Tuesday, ...

PayU India becomes majority shareholder in Mindgate

18 Sep 2025, 14:54 PM

PayU India, the digital payments company owned by Dutch investor Prosus, has increased its stake in Mindgate to 70% to become the majority sha...

PayU appoints former RBI deputy governor, others to board

25 Jul 2025, 12:28 PM

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

25 Jul 2025, 12:26 PM

Story has been updated with a clarification issued by LazyPay that it has not received any such letter from RBI

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

25 Jul 2025, 12:26 PM

PayU Payments Private Ltd has received the final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).

Visa veteran Shailesh Paul to take over as Wibmo CEO

25 Jul 2025, 13:02 PM

PayU is bringing in a seasoned global payments executive to lead its digital security unit Wibmo. According to sources familiar with th...

Mintifi raises $180 million funding at $850 million valuation

25 Jul 2025, 12:28 PM

Supply-chain financing startup Mintifi has raised $180 million in a Series E funding round co-led by Teachers’ Venture Growth (TVG) and global investm...

Wibmo CEO Suresh Rajagopalan resigns: sources [Exclusive]

25 Jul 2025, 12:26 PM

Suresh Rajagopalan, chief executive officer of Wibmo, a PayU company, has resigned, according to three people familiar with the matter who spoke to The ...

What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

30 Sep 2025, 14:15 PM

Emergent raises $23 million in Series A round led by Lightspeed

26 Sep 2025, 15:08 PM

Emergent, an AI-powered development platform, said it has raised $23 million in a Series A funding round led by Lightspeed.The...