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Posts Tagged ‘ Citrus Payment Solutions Pvt. Ltd. ’

PayU’s enterprise unit to focus on cross-border payments, tech play

Thursday, September 15, 2016 | More »

Rahul Kothari, Business Head, PayUbiz
Online payment solutions provider PayU, owned by South African Internet conglomerate Naspers, on Wednesday agreed to buy Mumbai-based rival Citrus Pay in one of the largest acquisitions in India’s fintech sector. The $130-million deal will increase PayU’s India customer base to 30 million and he...


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

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...

14 September, 2016 | More »

Mobile wallets aim to capture offline market

Outlook 2016: Offline merchants, credit services to be key for mobile wallet business

The year gone by saw payment companies driving transactions through discounts and incentives on their mobile wallets. While Paytm, the biggest player in this segment, claimed that it had notched up more than 100 million users last year, rivals Mobikwik, Citrus and PayUMoney have also witnessed a sur...

14 January, 2016 | More »

Neerav Jain, Founder, Cityfurnish

Exclusive: Citrus Pay’s Gupta backs furniture rental venture Cityfurnish

Cityfurnish—an online platform for renting furniture, furnishings and appliances—has raised an undisclosed amount in seed funding from Citrus Pay co-founder Jitendra Gupta. The startup will use the money to build its core team and enhance its technology back-end, Neerav Jain, founder of Cityfurn...

23 December, 2015 | More »


Citrus buys payment platform Zwitch

Citrus Payments Solutions Pvt Ltd, which operates an online checkout and payment solution Citrus Pay, has acquired Bengaluru-based payment platform Zwitch, run by iZwipe Payment Technologies, for an undisclosed amount. Quoting Amrish Rau, managing director of Citrus Pay, The Economic Times reported ...

21 October, 2015 | More »


Social networking app Voxweb raises $100K from CitrusPay co-founder Jitendra Gupta

VoxWeb, a social networking app that allows users to attach a 11-second audio clip to any image, has secured seed funding of $100,000 from CitrusPay co-founder Jitendra Gupta. VoxWeb is using the money, which was raised last year, for its ongoing expansion plans, said Yash Mishra, the company’s 29...

14 August, 2015 | More »

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 »