BillDesk
billdesk.com
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Overview
BillDesk operates one of the largest bill payment and collection platforms in India. Its infrastructure processes utility, insurance and government payments for banks and billers. The company has been a core participant in national payment systems for two decades.
News
Prosus cancels $4.7 billion acquisition of India
Prosus has scrapped the $4.7 billion acquisition of BillDesk it announced last year, once stated to be the European technology giant
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Prosus acquires Indian payments giant BillDesk for $4.7B, will merge with its PayU fintech group
More major consolidation underway in the world of payments: Prosus -- the Dutch tech giant that bundles together Naspers
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What does $4.7 billion BillDesk acquisition bring to the table for PayU - BusinessToday
Acquisition of BillDesk gives PayU the largest bill payment ecosystem in India. It started the bill payments business two decades ago. But, it has a tie-up with almost all banks and institutions in India
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PayU to buy out BillDesk for $4.7 billion - its most expensive acquisition till date
PayU India and BillDesk run complementary businesses within India's digital payment industry. Together, the two expect to create a financial ecosystem handling 4 billion transactions annually - four times PayU's current level in India.
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Prosus-backed PayU to acquire Indian payments gateway firm BillDesk for $4.7 billion
This will be one of the largest acquisitions in India's digital payments space and by far the biggest move to consolidate the fast-growing sector. It comes at a time when the digital payments ecosystem is seeing huge traction.
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