JK Tyre strengthens retail presence, inaugurates 70th outletThe facility, spread across 4,000 sq ft, provides end-to-end solutions for truck and bus tyres. It is equipped with trained technical advis...
Payments Council of India re-elects Vishwas Patel as chairmanSrinivasu founded BillDesk twenty years ago along with Ajay Kaushal and Karthik Ganapathy, his colleagues at Arthur Andersen. He led the co...
Indian trio reap $500 million each selling payments startupIn an age where every funding round is touted in press statements and staff parties, Prosus-owned PayU found itself having to take complete...
Prosus-backed PayU to acquire Indian payments gateway firm BillDesk for $4.7 billionThis will be one of the largest acquisitions in India’s digital payments space and by far the biggest move to consolidate the fast-growing ...
JK Tyre inks partnership with JBM Auto"JK Tyre and JBM Auto have joined hands with an objective of developing smart mobility solutions incorporating the latest technology that o...
Visa takes minority stake in Billdesk, valuation hits $1.8 billionVisa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses.
Visa may invest in BillDesk, valuing co at $1.5-2 billionFor Visa, an investment in BillDesk would help the American firm cement its position in the payments ecosystem in India.
RBI should ensure fair MDR share: ePayment companiesAs of now, MDR share is higher for the issuing entity while acquiring co gets a much smaller share.
Fintech companies get ready to cash in this festive season"We expect the total ecommerce industry sales during the festive season to grow by up to 50% over last year. The top two players will conti...
Hero MotoCorp aspires for leadership slot in scooters"We have more product lineup but we will not disclose the same now. We have also showcased a concept e-scooter in auto show," Srinivasu sai...
BillDesk to raise $200 million at $1 billion valueillDesk plans to explore inorganic growth as consolidation is likely to play out in the emerging online payment gateway sector.
Private equity fund TA Associates to grow holding in BillDesk with Rs 450 crore infusionIn 2012, TA Associates purchased a minority stake from State Bank of India and Clearstone Venture Partners for an undisclosed sum.
Satyam scam: ICAI completes proceeding against membersIn the wake of Satyam scam, disciplinary action was initiated against the concerned statutory auditors including audit incharge, then CFO o...
General Atlantic in talks to acquire minority stake in BillDeskPE firm General Atlantic is in talks to acquire a minority stake in e-payment processing company BillDesk, which pioneered online bill paym...
- Bringing technology closer to disabled
As accessibility manager at Yahoo! India’s research centre in Bangalore, Srinivasu teaches people about bringing technology closer to the d...
- ICAI finds ex Satyam CFO, Price Waterhouse auditors guilty
ICAI has found 2 top officials of Satyam and 4 auditors of Price Waterhouse prima facie guilty in Rs 7,800-cr fraud case. Key facts on Indi...
- Use mobile to pay your electricity, phone bills
India's largest bill payment service provider BillDesk will soon launch a platform for people to make utility bill payments through mobile ...