Mindgate

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

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

20 Mar 2025, 19:29 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, 17:34 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. Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others

  2. MobiKwik reports Rs 1.26 crore fraud by ex-employee

  3. smallcase raises $50 million led by Elev8 Venture Partners

  4. Fintech infra firm OneStack raises $2 million in Series A

  5. Fintech NBFCs sanctioned 8.3 crore loans worth Rs 81,365 crore between Apr-Dec 2024
  6. Read more highlights...

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