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Online payments firm PayU to buy rival Citrus Pay for $130 mn

Wednesday, September 14, 2016 | More »

Online payments company PayU, owned by South African Internet conglomerate Naspers, has agreed to buy Mumbai-based rival Citrus Pay for $130 million (Rs 865 crore) in one of the largest takeover deals in India’s nascent but rapidly growing fintech sector. The deal will increase PayU’s India cust...

Amrish Rau

Excl: Citrus names former First Data chief Amrish Rau as its MD

Mumbai-based Citrus Payment Solutions Pvt Ltd  has appointed Amrish Rau, former Asia CEO of payment solutions firm First Data Merchant Solutions as its managing director, a source privy to the development told Techcircle.in. Rau, who joined Citrus in July this year, is spearheading the company̵...

29 September, 2014 | More »