Tag: PayU

  • Vayana Network secures Rs 114 Cr to boost formal trade credit to micro & small business

    Vayana Network secures Rs 114 Cr to boost formal trade credit to micro & small business

    Vayana Network, a trade finance network has announced that it has raised a Rs 114 Crore as part of its Series C funding from International Finance Corporation (IFC) and PayU (Payments and Fintech business of Prosus). The platform plans to use the funds to build products focused on helping MSMEs better manage their working capital […]

  • PayU launches full-stack solutions to offer flexible credit options to small businesses

    PayU launches full-stack solutions to offer flexible credit options to small businesses

    India based online payment solution provider, PayU has announced the launch of its full-stack product solutions to  provide simplified access to credit to its 3.5 lakh merchants.  It has launched three products – Marketplace Early settlement, Priority Settlement, and Merchant Lending. These solutions provide access to working capital, enhance cash flow management & increase liquidity, […]

  • Fintech startup Zaggle appoints Siva Kumar as its new CTO

    Fintech startup Zaggle appoints Siva Kumar as its new CTO

    India’s leading fintech startup Zaggle has announced the appointment of Siva Kumar as the company’s new chief technology officer. The company in its statement said, “Siva Kumar will resume the Hyderabad office and will report to Raj N. Phani, founder of Zaggle.” Siva Kumar, who has over 23+ years of experience in engineering, management and […]

  • Offline-to-Online fintech startup ‘Dot’ swipes $8 Mn in seed funding from PayU & others

    Offline-to-Online fintech startup ‘Dot’ swipes $8 Mn in seed funding from PayU & others

    Gurugram based online-to-offline (O2o) commerce and fintech startup Dot has raised $8 million in series seed round funding from Prous and Fosun RZ Capital. The seed round funding also saw the participation of Info Edge Ventures and some other angel investors. Founded by PayU’s ex co-founder Shailaz Nag, with two of PayU’s ex-employees Gyanesh Sharma […]