{"id":346813,"date":"2025-04-30T13:00:00","date_gmt":"2025-04-30T07:30:00","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=346813"},"modified":"2025-04-30T12:58:37","modified_gmt":"2025-04-30T07:28:37","slug":"cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/","title":{"rendered":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions"},"content":{"rendered":"
\n

Cyril Amarchand Mangaldas advised PayU Payments Private Limited (“PayU”), the payment and fintech business of Amsterdam-based global consumer internet group and technology investor Prosus, in its acquisition of a strategic stake in Mindgate Solutions Private Limited (“Mindgate”) by way of a secondary purchase from certain existing shareholders of Mindgate (“Transaction”). The Firm assisted PayU in conducting due diligence of Mindgate and in drafting, negotiation and execution of various transaction documents.<\/p>\n

The transaction was led by Ravindra Bandhakavi, Senior Partner; Srabanee Ghosh, Partner; with support from Poornima Singh, Principal Associate; Mincy Mathew, Senior Associate; Sudarshan Srikanth, Senior Associate; and Nitika More, Associate.<\/p>\n

The due diligence exercise was led by Srabanee Ghosh, Partner; and Arun Prabhu, Partner (Head – Technology); with support from Mincy Mathew, Senior Associate; Soumya Tiwari, Associate; Anoushka Soni, Associate; Digvijay Singh, Associate; Kanav Khanna, Associate; Satwik Anand, Associate; and Suhani Agarwal, Associate<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Cyril Amarchand Mangaldas advised PayU Payments Private Limited (“PayU”)<\/i><\/p>\n","protected":false},"author":67011,"featured_media":346821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[15971,30960,81364,81537,81535,81536],"class_list":["post-346813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-acquisition","tag-cyril-amarchand-mangaldas","tag-legal-advisory","tag-mindgate-solutions","tag-payu-payments","tag-strategic-stake"],"yoast_head":"\nCyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril Amarchand Mangaldas advises PayU Payments Private Limited in its acquisition of a strategic stake in Mindgate Solutions Private Limited, strengthening its position in the market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions\" \/>\n<meta property=\"og:description\" content=\"Cyril Amarchand Mangaldas advises PayU Payments Private Limited in its acquisition of a strategic stake in Mindgate Solutions Private Limited, strengthening its position in the market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-30T07:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\"},\"headline\":\"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions\",\"datePublished\":\"2025-04-30T07:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/\"},\"wordCount\":158,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Media-2025-04-30T125528.905.webp\",\"keywords\":[\"Acquisition\",\"Cyril Amarchand Mangaldas\",\"legal advisory\",\"Mindgate Solutions\",\"PayU Payments\",\"strategic stake\"],\"articleSection\":[\"Law Firms News\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/\",\"name\":\"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Media-2025-04-30T125528.905.webp\",\"datePublished\":\"2025-04-30T07:30:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"Cyril Amarchand Mangaldas advises PayU Payments Private Limited in its acquisition of a strategic stake in Mindgate Solutions Private Limited, strengthening its position in the market.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Media-2025-04-30T125528.905.webp\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Media-2025-04-30T125528.905.webp\",\"width\":800,\"height\":533,\"caption\":\"PayU Payments acquisition Mindgate Solutions\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/04\\\/30\\\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/editor_4\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions | SCC Times","description":"Cyril Amarchand Mangaldas advises PayU Payments Private Limited in its acquisition of a strategic stake in Mindgate Solutions Private Limited, strengthening its position in the market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/","og_locale":"en_US","og_type":"article","og_title":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions","og_description":"Cyril Amarchand Mangaldas advises PayU Payments Private Limited in its acquisition of a strategic stake in Mindgate Solutions Private Limited, strengthening its position in the market.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2025-04-30T07:30:00+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.jpeg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_title":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/"},"author":{"name":"Editor","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"headline":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions","datePublished":"2025-04-30T07:30:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/"},"wordCount":158,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.webp","keywords":["Acquisition","Cyril Amarchand Mangaldas","legal advisory","Mindgate Solutions","PayU Payments","strategic stake"],"articleSection":["Law Firms News","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/","url":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/","name":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.webp","datePublished":"2025-04-30T07:30:00+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"Cyril Amarchand Mangaldas advises PayU Payments Private Limited in its acquisition of a strategic stake in Mindgate Solutions Private Limited, strengthening its position in the market.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.webp","width":800,"height":533,"caption":"PayU Payments acquisition Mindgate Solutions"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/04\/30\/cyril-amarchand-mangaldas-advises-payu-acquisition-mindgate-solutions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Cyril Amarchand Mangaldas Advises PayU Payments on Acquisition of Strategic Stake in Mindgate Solutions"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/04\/Media-2025-04-30T125528.905.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/346813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=346813"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/346813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/346821"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=346813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=346813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=346813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}