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.
Sep 14, 2016, 13:46 PM ISTCitrus Payment guns for $4 bn GMV strike rate in FY16
Sequoia Capital-backed Citrus Payment Solutions, which operates online checkout and payment solution Citrus Pay, is looking to double its gross merchandise value (GMV) run rate to about USD 4 billion by the end of the fiscal.
Aug 16, 2015, 20:10 PM IST