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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. Fundamentum rolls out Rs 2,200 crore Fund III to back growth-stage startups

  2. BlackSoil buys Credit Fair's solar financing business

  3. UPI in June: Overall merchant payments fall, digital gold purchase value climbs

  4. PhonePe elevates Srijon Biswas as chief technology officer

  5. B Capital closes $500 million fund

  6. Read more news...

AI/Emerging Tech

  1. OpenAI launches GPT-5.6 family with three models

  2. Hakimo raises $12 million from existing investors Zigg Capital, Vertex Ventures, others

  3. SpaceXAI launches Grok 4.5

  4. OpenAI unveils real-time Voice AI models under GPT-Live family

  5. Edysor.ai raises pre-seed funding from angel investor

  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: Pricing Razorpay; Where is Indian PE in AI?

  2. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]

  3. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  4. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  5. Previous editions...

PE/VC Tales

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

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

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

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

  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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