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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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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. ......

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Merchant lending will be a serious play for us: PayU India head

TMT

02 September, 2021

Merchant lending will be a serious play for us: PayU India head

Prosus-owned PayU, which has made the most expensive acquisition in the Indian fintech landscape, is looking to co-create new solutions ......

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BillDesk founders, investors chart big gains from $4.7 Bn sale

Finance

31 August, 2021

BillDesk founders, investors chart big gains from $4.7 Bn sale

M N Srinivasu, Ajay Kaushal and Karthik Ganapathy were colleagues at consulting firm Arthur Andersen when they set out to ......

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How Naspers built its Indian empire as it readies for $100-bn listing of web assets

TMT

30 August, 2019

How Naspers built its Indian empire as it readies for $100-bn listing of web assets

In December last year, food delivery company Swiggy received its biggest cheque—$1 billion—from investors to date. But that isn’t the ......