PayU India plans to invest up to $120 million by FY26-end

Fintech company PayU India will invest $100-120 million in its credit business alongside putting money in its payments vertical in FY26, said its group chief financial officer Arvind Agarwal.

- AJINKYA KAWALE

The amount will be raised through existing resources, including internal accruals, debt, and further equity, according to the Prosus-backed company. The Dutch investor has infused $35 million (around ₹300 crore) out of the total budgeted investment in the first quarter of FY26.

The credit business is expected to get an investment of $50-$60 million. PayU is considering another $60-$70 million infusion in payments infrastructure firm Mindgate Solutions, in which it acquired a 43.5 per cent stake in March.

"There's no capital requirement for loss-funding, but we do require some capital for growth. Last year, in FY25, Prosus invested almost $200 million in PayU," Agarwal told Business Standard.