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Posts Tagged ‘ PayU ’

PayU India names Maneesh Goel as CFO

Saturday, November 26, 2016 | More »

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Naspers-backed PayU India has appointed former CEO of Den Snapdeal TV-Shop Maneesh Goel as chief financial officer, it said in a statement. Previously, Goel has also served a CFO of iDiscoveri Education Pvt Ltd and Getit Infoservices Pvt Ltd (Askme.com). “His expertise in strategic planning, worki...

Ashutosh_Sharma

Internet firm Naspers sets up India office for investments, M&As

South African media and internet conglomerate Naspers Ltd has hired Ashutosh Sharma from venture capital firm Norwest Venture Partners (NVP) to head its investment arm in India. Sharma has been appointed as India head –  investments and M&A at Naspers Ventures, according to his LinkedIn p...

14 November, 2016 | More »

Gurpreet-Singh

PayU’s finance head Gurpreet Singh quits

Naspers-backed PayU Payments Pvt. Ltd has seen another top level exit with the resignation of its finance head. Gurpreet Singh, vice president and head of finance at PayU India, has quit the digital payments firm to join HCL Technologies. While confirming the development to Techcircle.in, Singh said...

27 October, 2016 | More »

Abhishek-Tripathi

Airtel payments bank hires PayU executive Abhishek Tripathi to lead SMB solutions

Abhishek Tripathi, associate director and business head at PayU Payments Pvt. Ltd, has decided to quit the company to join Bharti Airtel Ltd. He will be leading the small and medium business at Airtel Payments Bank. “I have joined Airtel Payments Bank to lead the SMB/SME solutions,” Trip...

24 October, 2016 | More »

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Exclusive: The sort of Indian fintech startups Orange Growth Partners is looking to invest in

Amsterdam-headquartered fintech investment firm Orange Growth Capital is setting foot in India. The three-year-old venture capital firm, which has a $150 million global fund, is focused on investments in Asia, Europe, Middle East and Africa. Operating out of Singapore in Asia, the firm has already e...

24 October, 2016 | More »

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Naspers: Master of consolidation in Indian Internet business

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...

20 October, 2016 | More »

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Why Freecharge badly needs a recharge

The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge was the third in as many months speaking of fund-raise efforts by ecommerce company Snapdeal for its digital payments arm. Around a month ago, two people in the know of d...

13 October, 2016 | More »

Rahul Kothari, Business Head, PayUbiz

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

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...

15 September, 2016 | More »

Sachin Singhal

PayU India names Sachin Singhal head of consumer business

PayU India Internet Pvt. Ltd, which offers digital payment solutions under the PayUmoney brand, has appointed Sachin Singhal as head of its consumer business, it said in a statement. Singhal, who previously worked with Bharti Airtel, will be responsible for forming strategies to take the firm’s co...

18 May, 2016 | More »

MobiKwik

MobiKwik gets $50M from Japan’ GMO, Taiwan’s MediaTek, others

Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik, has raised $50 million in its Series C round led by Japan’s GMO Payment Gateway and Taiwanese semiconductor company MediaTek. Existing investors Sequoia Capital and Tree Line Asi...

3 May, 2016 | More »

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