Post PayU-BillDesk Deal, Razorpay in talks to raise $250 Mn at $4bn valuation

Fintech unicorn Razorpay is in talks to raise fresh funds in the tune of $200-250 Mn from high profile investors, according to a report published in Livemint. The Bengaluru based startup is seeking a valuation of nearly $4Bn in the latest round. The company is currently engaged in talks with global investors like Tiger Global…

ByGirish ShettiSeptember 2, 20210Comments

PayU to acquire BillDesk for $4.7N – most expensive acquisition deal in startup space

India’s startup industry has just witnessed one of its biggest acquisition deals, with Prosus backed PayU finally agreeing to buy BillDesk for staggering $4.7 bn. The PayU’s board of director has given principal approval to acquire 100% stake in BillDesk, while the deal will remain subjected to regulatory approval. Since the last one month…

ByGirish ShettiAugust 31, 20210Comments

Naspers backed PayU is looking to Acquire Wibmo for $50-60 Mn: Report

Domination of online payment market seems to be high on digital payment services PayU as it looks to close in on its latest acquisition bid. According to reports, Naspers backed Payu is nearing the acquisition of Bengaluru and Cupertino-based payment company Wibmo. Payu’s latest acquisition bid, following the successful acquisition of Citrus Payments in 2016,…

ByGirish ShettiMarch 12, 20190Comments

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