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Posts Tagged ‘ PayU ’

PayU leads $6.5 mn round of funding in ZestMoney

Wednesday, February 15, 2017 | More »

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Bengaluru-based Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 43.5 crore) in a Series A round of funding led by Naspers-owned online payments firm PayU, the company said in a statement on Wednesday. Existing investors Ribbit Capital, Omidyar...

PhonePe

Flipkart-owned PhonePe in talks with PayPal to raise funds

Flipkart-owned PhonePe is in talks to raise a significant amount of funding independently at a valuation of about $500 million as strategic investors line up for a slice of India’s booming e-payments market, a national daily reported on Wednesday, citing people aware of the development. A repo...

8 February, 2017 | More »

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PayU to launch consumer credit business soon

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...

12 December, 2016 | More »

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Digital lending platform ZestMoney raises $6.5 mn from PayU, others

Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 44 crore) in a Series A round of funding led by Naspers-owned online payments firm PayU. Existing investors Ribbit Capital and Omidyar Network also participated in the round, a person directly aw...

7 December, 2016 | More »

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PayU India names Maneesh Goel as CFO

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...

26 November, 2016 | More »

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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 »

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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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