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Posts Tagged ‘ Jitendra Gupta ’

PayU to launch consumer credit business soon

Monday, December 12, 2016 | More »

Payment gateway provider PayU India is all set to launch its new consumer credit business this month. The new business, under the ‘Lazy Pay’ brand, will allow customers to complete the purchase without making the payment, PayU’s managing director Jitendra Gupta told Techcircle rece...


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 »


Naspers set to acquire Citrus Pay for up to $180 mn

South African media and Internet conglomerate Naspers Ltd is set to acquire Mumbai-based online payments company Citrus Payments Solutions Pvt. Ltd in an all-cash deal, at least two media reports said. The deal size could be between Rs 1,000 crore and Rs 1,200 crore ($150-180 million), according to ...

8 August, 2016 | More »


Exclusive: Citrus Pay founder backs on-demand driver app Drivify

On-demand driver app Drivify, operated by Mumbai-based startup DR Mobility Solutions Pvt. Ltd, has raised $50,000 (Rs 33.75 lakh) in seed funding from Citrus Pay founder Jitendra Gupta and a high net-worth individual Pankaj Tripathi. Drivify joins half-a-dozen startups such as DriversKart and DriveU...

24 June, 2016 | More »


MobiKwik offers ‘profit’ to pique interest among wallet users

Digital wallet company MobiKwik, which last year missed the bus for a payments bank licence, has hurled a googly at its biggest rival Paytm by announcing an “annual profit” for its wallet users. Gurgaon-based One MobiKwik Systems Pvt Ltd, which has about 30 million wallet users and expects to in...

2 June, 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 »


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 »


Top three predictions in the mobile payments space for 2014

Mobile has been one of the most talked-about technology verticals and continued to see innovation in 2013. New companies emerged in India and explored opportunities in this space that changed the way people lived and interacted. Some of the applications where mobile is already making life easy inclu...

27 December, 2013 | More »


Citrus Payment looking at international expansion starting with Japan; mobile to be key focus going forward: CEO Jitendra Gupta

Mumbai-based online payments company Citrus Payment Solutions Pvt Ltd, that has raised Rs 35 crore ($5.74 million) in funding from two Japanese payments companies econtext Asia and Beenos Asia, with participation from existing investor Sequoia Capital, is now eyeing international expansion. Citrus, ...

11 December, 2013 | More »