Mswipe Technologies Private Limited, a mobile point of sale (POS) service provider, is to acquire the offline merchant-acquisition point-of-sale (POS) vertical business of PayU Payments Private Limited, as reported by Medianama and others.
Clove Legal
The PayU in-house team advised and acted on their own behalf in the transaction.
Clove had also acted for Mswipe nearly two years ago, when it received a $25m cash infusion from Meru Capital and taxi-service Ola, opposite Khaitan & Co and IndusLaw.
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