PayU Co-founder, Nitin Gupta, is in advanced talks to raise $18-20 million for his yet-to-be-launched fintech startup UniOrbit, Entrackr reported. Accel and Lightspeed Venture Partners would lead the seed round and some individual investors are likely to participate too. "The seed round is set to be materialised at a valuation of $40-45 million," a source was quoted saying.