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Informative

PayU Picks Up 43.5% Stake In Mindgate To Bolster Presence In Digital Payments

Update / Judgement Date

20 Mar 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementInvestment BankingMerger & Acquisition

PayU has acquired a 43.5% stake in Mindgate to bolster its presence in the digital payments sector. This acquisition aims to strengthen PayU's payment processing infrastructure. The move reflects PayU's strategic investments in the fintech industry. This initiative highlights the consolidation in the digital payments market. The acquisition will enhance PayU's market position.