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How an online payments firm went from 1crore to 90 crore in 5 years
When Jitendra Gupta started online payments service CitrusPay in 2011 with Amrish Rau, not many companies or customers used online payments, and fewer still were in the space. The company was acquired by bigger rival PayU for about Rs 860 crore in 2016, one of the biggest deals in the Indian fintech space. In 2006, when I was an investment banker, I met First Data's CEO Amrish Rau and we hit it off.
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