Startup

PayU (Naspers) Announces Purchase of Citrus Pay

PayU, Naspers’ payment service provider, whose headquarters is in the Netherlands, announces the acquisition of Citrus Pay, the Indian payment gateway. Closing at $130 million (U.S.), it is one of the largest Merger and Acquisitions in the Indian internet arena and certainly in Indian financial tech history. To date, the largest M&A in India’s financial […]

Sourcery Will Make The Magic Happen With 5 Million For Restaurant-Vendor Interfacing

The awesomely named (and likely Pratchett-inspired) start-up Sourcery Technologies Inc. is looking to change the way restaurants handle their relationship with vendors, and vice versa, by creating a portal interface solution for both sides. They have just secured $5 million in venture funding from their original backers Marker LLC, together with Steadfast Venture Capital, Palantir […]
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