Fintech News
Prosus' PayU India posts first full-year operating profit in FY26
Revenue rose 13% to $781 million for the year ended March 31, 2026.
TOPIC COVERAGE
#Prosus
Explore the latest news, in-depth reports, and executive analysis tagged with #Prosus.
AI/Emerging Tech
Equal AI raises Series B funding co-led by Prosus Ventures, Tomales Bay Capital
The round also saw participation from Valiant Fund, Think Investments, PhonePe founder Sameer Nigam, and Airtel family office member Zubin Bharti Mittal, among others.
Fintech News
PayU boosts inFINity 3.0 with grants for financial inclusion startups
inFINity 3.0, which was announced in February 2026 in partnership with Atrium Ventures, attracted over 600 applications and 30 startups have been shortlisted.
AI/Emerging Tech
Deccan AI secures Series A funding led by A91 Partners
Susquehanna International Group and Prosus Ventures participated in the funding round.
AI/Emerging Tech
Emergent raises $70 million in Series B funding led by Khosla Ventures, SoftBank
The funding round saw participation from Prosus, Lightspeed, Together, and Y Combinator.
Fintech News
PayU India H1 FY26 revenue up 20% to $397 million
The payments business grew 20% to $301 million during the period, fuelled by a 55% jump in payment transactions led by UPI.
Fintech News
PayU India gets RBI nod for all three payments licences
The approval comes as the Prosus-owned company is inching closer to acquiring a point-of-sale (PoS) player.
IPO Tales
From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
Like every tech IPOs that we are seeing this year, Meesho's public offer is going to a big event for the exit starved venture capital investors.
Fintech News
PayU India becomes majority shareholder in Mindgate
Prosus' latest annual report had showed that it added another 26.5% stake to raise its ownership to 70% for $72 million.
Fintech News
PayU India secures Rs 302 crore investment from parent firm
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.
Deepdives
PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026
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.
Fintech News
PayU India's FY25 revenue up 24% to $669 million, but still chasing profit
PayU India's adjusted earnings before interest and taxes (EBIT) loss rose by 38% to $44 million during FY25 from $32 million in FY24.
Explainer
Exclusive: PayU receives final nod from RBI to operate as payment aggregator
The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.
Explainer
Visa veteran Shailesh Paul to take over as Wibmo CEO
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...
Explainer
Whistleblower alleges corporate governance lapses at PayU
Prosus, in a response, said that an independent investigation found that the allegations were not substantiated and concluded that there was no wrongdoing...
Explainer
Exclusive: PayU acquiring UPI infra company for about $100 million
The acquisition signals PayU's strategic move to gain a competitive edge in the rapidly expanding UPI market.
Explainer
Exclusive: PayU chief business officer Sudhir Sehgal quits
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]](/upload/theheadandtale.com/2024/11/1732811206_payu_lead.jpg)
Explainer
A top executive at PayU steps down amid leadership changes [Exclusive]
In recent months, The Head and Tale has exclusively reported on other senior-level departures at PayU India, including Wibmo CEO Suresh Rajagopalan.
![[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants](/upload/theheadandtale.com/2024/11/1731475589_lazypay.jpg)
Explainer
[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants
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.
Deepdives
PayU lays off close to 100 employees from credit team: sources
Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.
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