15 Jul 2025, 11:40 AM
The fresh capital infusion in PayU India comes as the company struggles to achieve profitability and its initial public offering (IPO) plans continues to elude.
09 Jul 2025, 23:13 PM
According to internal data reviewed by The Head and Tale, the fair value of SARs under multiple PayU-linked schemes has plunged sharply by 30-60% yoy.
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.
13 May 2025, 18:56 PM
The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.
06 May 2025, 10:51 AM
One of the sources told The Head and Tale that out the Rs 1,013 crore raised by PayU from its parent entity Prosus recently, a little over Rs 500 crore has been used to...
06 Mar 2025, 14:49 PM
Prosus, in a response, said that an independent investigation found that the allegations were not substantiated and concluded that there was no wrongdoing...
21 Jan 2025, 16:45 PM
The acquisition signals PayU's strategic move to gain a competitive edge in the rapidly expanding UPI market.
07 Jan 2025, 17:02 PM
His exit adds to a series of high-profile leadership exits at PayU over last couple of months.
11 Dec 2024, 16:20 PM
In a mix of primary and secondary transaction, Mintifi’s initial investor Lok Capital, exited as part of the secondary sale, while IFC partially sold its stake.
02 Dec 2024, 20:57 PM
In October 2024, Prosus acquired a 10.65% effective interest in Mintifi Private Limited (Mintifi) for approximately $79.9 million.
29 Nov 2024, 02:26 AM
In recent months, The Head and Tale has exclusively reported on other senior-level departures at PayU India, including Wibmo CEO Suresh Rajagopalan.
14 Nov 2024, 14:28 PM
Prosus said in a statement that it had gained $2 billion on its investment in the food delivery and quick commerce firm.
13 Nov 2024, 15:26 PM
A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.
11 Nov 2024, 17:20 PM
The funding will go towards scaling operations, forging strategic partnerships, and developing a digital framework for improving the data-sharing ecosystem in India.
10 Oct 2024, 22:01 PM
Suresh Rajagopalan, chief executive officer of Wibmo, a PayU company, has resigned, according to sources.
27 Sep 2024, 12:37 PM
Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.