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Grapevine: Ex PayU exec's startup eyes funding; Asha Ventures raising $100 mn fund

General

28 August, 2023

Grapevine: Ex PayU exec's startup eyes funding; Asha Ventures raising $100 mn fund

Former PayU Finance India chief executive Prashanth Ranganathan has held discussions with a host of investors to raise funding for ......

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Why Prosus backed out from a deal that would have made PayU a market leader

TMT

05 October, 2022

Why Prosus backed out from a deal that would have made PayU a market leader

By all accounts, Dutch payments major Prosus appears to have used a technicality to wriggle out of its agreement to ......

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BillDesk shareholders explore legal options against Prosus

TMT

04 October, 2022

BillDesk shareholders explore legal options against Prosus

Prosus NV terminated a $4.7 billion deal to buy BillDesk, citing a breach of conditions, just hours before the deadline, ......

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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 ......

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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 ......

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TA Associates lines up historic number of exits in 2021

Finance

14 October, 2021

TA Associates lines up historic number of exits in 2021

Boston-based growth equity firm TA Associates has set itself up for over $1 billion in exits from India this year ......

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NeoGrowth eyes $350 mn price tag as it dials strategics, buyout PEs for funding

TMT

21 September, 2021

NeoGrowth eyes $350 mn price tag as it dials strategics, buyout PEs for funding

SME-focused fintech lender NeoGrowth Credit Pvt Ltd is seeking a valuation of nearly $350 million (Rs 2,576 crore) in its ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September, 2021

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......

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Weekly Deals Wrap: Record M&A deals in fintech, insurance led by Prosus, HDFC Life steal show

Finance

03 September, 2021

Weekly Deals Wrap: Record M&A deals in fintech, insurance led by Prosus, HDFC Life steal show

Unlike in the past weeks, there were no big bang late-stage startup deals nor the emergence of any new unicorns. ......