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PayU acquires Citrus Pay for $130 million

Global online payment service provider PayU has acquired Indian payments technology player, Citrus Pay, for $130 million in an all-cash deal, a joint-statement said here on Wednesday. The agreement is due to close in the third quarter of 2016. The...

Ola's business head resigns

To start his own venture, business head of Ola, Rushil Goel, has resigned from his duties and responsibilities. He had a year-long stint with the Bengaluru based company and was heading all initiatives at Ola Money. Ola started its dedicated...

Amazon India applies for e-wallet licence

Amazon India has applied for a semi-closed wallet licence with the RBI to build its presence in the payment space. It is expected that a Central Bank Committee will review the application next month. And soon after the approval,...
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Harpreet Singh Tibb of Tibb’s Frankie—A Retail ‘Roll’ Model

Promoter of Tibb’s Frankie Harpreet Singh Tibb knows how to build, reposition and accelerate businesses through disruptive ideas. He...
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