Citrus Pay

As a part of scale-up and profitability, Open said in the statement that it will continue the efforts to make a highly performance-oriented effective organization fit for scale, the statement said.

PayU to line up $250 million to expand India offerings

Naspers Group-backed digital payments firm PayU is likely to invest USD 250 million in the Indian business in the next five years, as the company extends focus on consumer offerings besides core products, according to a senior executive of the company.

Watch: Demonetisation drive is good or bad for e-commerce

CNBC-TV18 spoke with Hari Menon, CEO of BigBasket, Bipin Preet Singh, Founder & CEO of MobiKwik and Amrish Rau, MD of Citrus Pay to find out how the demonetisation drive is impacting their business.

Partnership with PayU works out perfectly for co: Citrus' MD

With their scale and abilities PayU will provide Citrus Pay a completely new platform, says Citrus MD Amrish Rau after PayU took over Citrus in the largest all-cash deal in the Indian financial technology space.

PayU laps up Citrus Pay for $130 million

The PayU-Citrus Pay deal, which is expected to close by year-end, creates a new entity that will take on the likes of Alibaba-backed Paytm and Snapdeal-led Freecharge and Mobikwik payment platforms.

PayU in talks to acquire fintech co Citrus Pay

Third-party Payment service provider PayU is in talks to acquire fintech company Citrus Pay, while 8TV, a San Francisco based startup, has raised USD 500,000 dollars from RedCliffe Capital, Google executive Tidhar Carmeli, AngelPad's Thomas Korte. CNBC-TV18‘s Syna Dehnugara brings the day‘s action from the startup sector.

Mahindra Ins ties-up with Citrus Pay to provide accident cover

Mahindra Insurance Brokers has tied-up with payments gateway firm Citrus Pay to provide a short-term automatic personal accident cover via mobile wallet