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PayU India’s revenue surges 12%
PayU India, a unit of Prosus-owned PayU, reported a 12% revenue rise to US$237 million in the first half of the fiscal year ending March 2025.
This period also saw the company’s total payment value increase by 25%, as detailed in Prosus’ first half of FY25 report.
During H1 FY25, PayU India onboarded over 4,000 merchants.
PayU India’s credit business experienced substantial growth, with revenue surging 91% to US$82 million.
Recent PayU developments
| Timeline |
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01-Aug-2023 💰 In 50 Words: Prosus to sell off some PayU units to Rapyd for $610m
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31-Aug-2021 💰 Prosus-owned PayU to snap up Indian payments gateway firm in $4.7b deal
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07-Oct-2020 💳 Ex-Ola and PayU exec’s fintech firm bags $18.5m seed money from Lightspeed, Accel
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05-Jul-2019 💰 Naspers fintech arm PayU enters Southeast Asia with Red Dot Payment buy
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14-Sep-2016 💰 Naspers-owned PayU buys Indian fintech startup for $130m
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