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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. PB Fintech cofounders offload shares worth Rs 665 crore via block deals

  2. AvenuesAI FY26 revenue from operations doubles to Rs 8,115 crore

  3. Altimeter Capital sells Pine Labs shares worth Rs 211 crore via block deal

  4. Supreme Court upholds retrospective 28% GST on online gaming platforms

  5. Kissht FY26 revenue from operations jumps 63% to Rs 2,179 crore

  6. Read more news...

AI/Emerging Tech

  1. Asana buys StackAI

  2. Anthropic overtakes OpenAI as most valuable AI startup with $65 billion funding

  3. Fundamentum's Ashish Kumar launches Rs 2,000 crore AI and deeptech fund F2A

  4. Anthropic strengthens India leadership with Sangeeta Bavi and Siddiq Zaman appointments

  5. Shastra VC rolls out $100 million fund to invest in AI, deeptech startups

  6. Read more news...

IPO Tales

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

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

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

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

  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion

  5. Previous editions...

PE/VC Tales

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

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

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  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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