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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, 23:10 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, 14:01 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, 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.

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

Scoop Confirmed: PayU picks strategic stake in Mindgate Solutions

20 Mar 2025, 22:03 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, 16:45 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. Namdev Finvest raises $37 million from FMO, others

  2. Wealthtech startup AssetPlus raises fresh funding led by Nexus Venture Partners

  3. India's fintech sector funding up 2% to $2.4 billion in 2025

  4. Stashfin appoints Abhishek Gupta as CTO to drive AI initiatives

  5. State Street to invest Rs 580 crore in Groww's asset management arm

  6. Read more news...

AI/Emerging Tech

  1. Spacetech startup EtherealX secures Series A funding co-led by TDK Ventures, BIG Capital

  2. Sequoia to invest in Anthropic's fresh funding round

  3. OpenAI to start testing ads on ChatGPT for free, low-cost subscribers

  4. US imposes 25% tariff on certain Nvidia, AMD chips

  5. Anthropic appoints former Microsoft exec as MD to lead India ops

  6. Read more news...

IPO Tales

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

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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