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PayU India’s New Climate Finance Mechanism Powers Rural Financial Inclusion, Slashing Electricity Emissions

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PayU has demonstrated its commitment to sustainability and financial inclusion in India by procuring Distributed Renewable Energy Certificates (D-RECs) from impactful solar projects that provide electricity to rural banks. This move aligns with the growing momentum for corporate climate action and a just transition. D-RECs are an innovative climate finance tool that accelerates the energy … Read more

PayU named Arvind Agarwal as the CFO for its India Payments Business

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PayU, India’s leading online payments solutions provider, today announced the appointment of Arvind Agarwal as its new Chief Financial Officer. In his career spanning over two decades, Arvind has handled a wide range of financial and strategic leadership roles with multiple dynamic consumer-facing multi-billion-dollar tech companies. Arvind joins PayU after a successful stint at Nykaa that saw robust recovery from COVID while … Read more

PayU Expands Its India Payments Business Leadership Team

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PayU, today, announced the appointment of three senior leaders – Narendra Babu as the Chief Technology Officer for the India Payments business; Mohit Bedi, as the Senior Vice President (SVP), to lead strategic initiatives and the Bill Payments business, and Vineet Sethi, as SVP to lead PayU’s Diversified Financial Services portfolio. PayU’s existing senior executive, Mohit Gopal will take on a new position … Read more

Vayana Network Raises $15 Million In Series C Funding From PayU & IFC Invest

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Vayana Network Services Pvt Ltd, a digital trade financing network, has raised $15 million (Rs 114 crore) in Series C funding from the International Finance Corporation (IFC) and PayU. The Pune-based firm intends to use the additional funds to develop MSME-focused solutions. Vayana Network is a B2B trade financial intermediary that connects SMEs and corporates … Read more

PayU Finance Elevates Bhavik Kaul As Chief Product Officer

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PayU Finance, which owns LazyPay, India’s preferred Buy Now Pay Later solution and PaySense, a full stack personal loans company, has elevated Bhavik Kaul as the company’s Chief Product Officer (CPO), further strengthening its leadership team to scale up the business and pave the way for the next phase of growth. He will be responsible for building and expanding … Read more

V-Mart Retail named Aakash Moondhra, Global CFO of PayU, as Chairman

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V-Mart Retail Limited announced the appointment of Aakash Moondhra, Global CFO of PayU, as Chairman of the company. The Company also announced a strategic change in its leadership structure, further improving the corporate governance framework with the role of Chairman and Managing Director now being split, with Mr. Aakash Moondhra (Independent Director) being designated as … Read more