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Mindgate

Exclusive: PayU India in final talks to acquire PoS player

Exclusive: PayU India in final talks to acquire PoS player

27 Oct 2025, 11:10 PM

PayU has been seriously exploring a buyout in offline space for quite some time now. It also had talks with two other companies.

PayU India becomes majority shareholder in Mindgate

PayU India becomes majority shareholder in Mindgate

18 Sep 2025, 02:01 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

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

23 Jun 2025, 07:14 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.

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

20 Mar 2025, 10:03 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.

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

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

21 Jan 2025, 04:45 PM

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

Who Reads Us

Fintech Highlights

  1. Aham Housing Finance raises Rs 100 crore funding led by Sanmar Group

  2. IPO-bound OfBusiness FY26 revenue falls 7% to Rs 20,645 crore

  3. Peak XV sells Go Digit shares worth Rs 139 crore via block deal

  4. Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

  5. Delhi HC orders winding up of Paytm Payments Bank, appoints official liquidator

  6. Read more news...

AI/Emerging Tech

  1. Drone startup SUIND bags seed funding led by Transition VC

  2. Revspot bags Series A funding co-led by Inflexor Ventures, Info Edge Ventures

  3. Aurionpro Q1 FY27 revenue up 6.3% to Rs 358 crore, net profit falls

  4. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  5. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%

  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  5. Read more news...

Money & Machines

  1. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  2. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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