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Naspers terminates deal to acquire BillDesk for $4.7 bn

Finance

03 October, 2022

Naspers terminates deal to acquire BillDesk for $4.7 bn

Naspers-owned Prosus has terminated its $4.7 billion agreement to acquire payments provider BillDesk, a month after the deal between Prosus ......

Google-backed DotPe raises $58 million in Series B

Finance

19 September, 2022

Google-backed DotPe raises $58 million in Series B

E-commerce enabler DotPe, on Monday announced that it has raised $58 million in its series B funding round led by ......

CCI clears PayU's $4.7 bn acquisition of BillDesk in largest fintech deal in India

TMT

05 September, 2022

CCI clears PayU's $4.7 bn acquisition of BillDesk in largest fintech deal in India

The Competition Commission of India (CCI) has cleared PayU’s acquisition of BillDesk after seeking multiple queries over the last year, ......

Chiratae-backed Vayana Network snags $15 mn from IFC, PayU

TMT

20 April, 2022

Chiratae-backed Vayana Network snags $15 mn from IFC, PayU

Digital trade financing network Vayana Network Services Pvt Ltd has raised $15 million (Rs 114 crore) as part of its ......

Premium
IPO-bound Pine Labs eyes controlling stake in payment solutions startup

Finance

05 April, 2022

IPO-bound Pine Labs eyes controlling stake in payment solutions startup

Initial public offering (IPO)-bound merchant commerce platform Pine Labs has emerged as a frontrunner to acquire a majority stake in ......

Premium
PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

Finance

31 March, 2022

PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

European technology company Prosus-owned PayU, and the country’s leading cash management firm CMS Info Systems, are in race to acquire ......

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Prosus-owned PayU eyes Indian gig-economy fintechs

Finance

27 January, 2022

Prosus-owned PayU eyes Indian gig-economy fintechs

Prosus-owned PayU, which made the most expensive acquisition in the Indian fintech landscape last year, is now aiming to snap ......

PE/VC investment and exit deals witness 76% YoY increase to $6.8 bn: IVCA-EY report

Finance

16 December, 2021

PE/VC investment and exit deals witness 76% YoY increase to $6.8 bn: IVCA-EY report

Investment and exit deals in November 2021 by private equity (PE)and venture capital (VC) firms saw investments worth $6.8 billion ......

Prosus' India biz sees uptick as Swiggy stages strong recovery, PayU India drives global growth

Finance

22 November, 2021

Prosus' India biz sees uptick as Swiggy stages strong recovery, PayU India drives global growth

Consumer internet group Prosus India’s business staged a "strong recovery" in its food delivery segment, while its payments and fintech ......

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

Finance

18 November, 2021

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

PayU Finance, which owns the ‘Buy Now, Pay Later’ (BNPL) LazyPay, has posted Bhavik Kaul to the post of chief ......