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PayU India Investor

PayU Payments Private Limited Mumbai, Maharashtra Founded 2011 payu.in ↗

PayU India is one of India's leading payment gateways, providing payment gateway solutions to online businesses. It is the India arm of PayU, the payments and fintech business of Prosus, a global consumer internet group. The payment gateway was launched in the Indian market in 2011 by ibibo together with co-founders Nitin Gupta, Narendra Nandal and Shailaz Nag; in 2014…

Nitin Gupta · Co-founder Narendra Nandal · Co-founder Shailaz Nag · Co-founder
$155.6 MnTotal funding (tracked)
2Funding rounds
15 Jul 2025Last round
10Tracked investments
1,214Team size (sourced)

PayU India: Funding Rounds

Date Round Amount Investors Source
15 Jul 2025 Rights Issue ₹303 Cr MIH Payments Holdings B.V. source
30 Apr 2025 Rights Issue ₹1,013 Cr MIH Payments Holdings B.V. source

PayU India: Recent Investments

DateCompanyRoundAmount
9 Jan 2024 Fisdom Series C1 $5 Mn
30 Jun 2022 Fisdom Series C $14 Mn
20 Apr 2022 Vayana Network Series C ₹114 Cr (~$15 Mn)
3 Dec 2020 Fisdom Series B $7 Mn
29 Oct 2019 Fisdom Corporate Round $11 Mn
1 Aug 2019 LazyPay Corporate Round ₹50 Cr (~$7 Mn)
24 Apr 2019 ZestMoney Series B $20 Mn
28 Aug 2018 ZestMoney Series A (extended) $13.4 Mn
21 Jul 2018 PaySense Series B $18 Mn
2 Feb 2016 ZestMoney Series A $6.5 Mn

Acquisitions

DateAcquirerAcquiredAmountSource
18 Sep 2025 PayU India Mindgate Solutions Undisclosed source
20 Mar 2025 PayU India Mindgate Solutions Undisclosed source
31 Aug 2021 PayU India BillDesk US$4.7bn source
9 Jan 2020 PayU India PaySense $185 Mn source
12 Apr 2019 PayU India Wibmo $70 Mn source
14 Sep 2016 PayU India Citrus Pay $130 Mn source

Recent Signals

  • 3 Oct 2022 · ma-strategic
    PayU's $4.7bn agreement to acquire BillDesk terminated after conditions unmet by long-stop date source

News on PayU India

No coverage of PayU India linked yet.

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FAQs on PayU India

Who founded PayU India?

PayU India was founded by Nitin Gupta, Narendra Nandal, Shailaz Nag in 2011.

How much funding has PayU India raised?

PayU India has raised $155.6 Mn across 2 tracked funding round(s), most recently on 2025-07-15. Figures are compiled from cited public sources.

Who are the investors in PayU India?

Investors in PayU India include MIH Payments Holdings B.V..

What does PayU India do?

PayU India is one of India's leading payment gateways, providing payment gateway solutions to online businesses. It is the India arm of PayU, the payments and fintech business of Prosus, a global consumer internet group. The payment gateway was launched in the Indian market in…

Where is PayU India headquartered?

PayU India is headquartered in Mumbai, Maharashtra, India.

What is PayU India's business model?

PayU India's core value proposition centers on Broad payment method coverage with high success rates, Full-stack financial services beyond payments.

How does PayU India make money?

PayU India's cited revenue streams include Payment gateway commission, Credit business interest income.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: en.wikipedia.org · Last verified 15 Jul 2026. · Report a correction