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Mindgate

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.

Fintech Hightlights

  1. MobiKwik FY25 revenue jumps but swings into losses

  2. Razorpay partners with MeitY Startup Hub to empower deep-tech startups

  3. Groww agrees to acquire Fisdom in $150 million all-cash deal

  4. Vivriti Asset Management secures $20 million commitment from OeEB

  5. Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

  6. Read more highlights...

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