Mindgate

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: PayU acquiring UPI infra company for about $100 million

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

20 Mar 2025, 23:59 PM

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

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

20 Mar 2025, 22:04 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.

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