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PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...- Billdesk, Upgrad acquisitions; Anthropic's advances: an opportunityHappy Thursday! Billdesk is set to acquire Worldline's India business, while Upgrad has bought a majority stake in Internshala. This and mo...
- Billdesk to buy Worldline India; OpenAI’s new Indian execBilldesk is set to acquire Worldline’s India business. This and more in today’s ETtech Top 5.
- Billdesk cofounder MN Srinivasu appointed IAMAI chairman for two yearsSrinivasu replaces Harsh Jain, cofounder and chief executive of Dream Sports, who assumed the post in May 2023. Before Jain, Sanjay Gupta, ...
- Harsh Jain, Aakrit Vaish to chair TEAM governing councilDream Sports cofounder and CEO Harsh Jain and Haptik CEO Aakrit Vaish to chair its eight-member governing council in its inaugural election...
- Prosus may have saved $50-$100 million in BillDesk deal breakup feeA breakup fee is a predetermined penalty that a buyer typically pays if it walks away from a transaction. A long stop date is the date by w...
- Transaction declined: why Prosus dropped $4.7B BillDesk buy; deal had $50-100M breakup feeThe merger was expected to create an online payments gateway juggernaut that would process $147 billion in annualised total payments value ...
- 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...
- CCI seeks more info to clear mega PayU-BillDesk deal“CCI has not questioned the merits of the proposed transaction, but requested for additional information, as of now,” said a one person dir...
- BillDesk cofounder on Prosus deal; pre-IPO boost for PaytmBillDesk, the Indian fintech firm that predates the word 'fintech', will soon be acquired by global tech investor Prosus in a $4.7 billion ...
- Razorpay-Mastercard's Mandate HQ to aid banksPlatform to help banks with recurring payments
- J.P. Morgan ties up with BillDesk for online payments partnershipThrough this partnership, J.P. Morgan’s clients in India will be able to independently initiate statutory and utility payments online with ...
- ICICI Bank enables customers to break high-value transactions into EMIsCustomers can purchase gadgets or pay for their insurance premium or school fees in easy EMIs from their savings account using the internet...
- 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.
- 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...
- BharatQR launched by Visa, Billdesk across 50 utility service providersThis partnership would enable a major shift towards pushing of bill payments into digital mode especially through QR codes and also give a ...
- New digital payments rules may empty wallets for payments businessesRecent interventions done on merchant discount rate (MDR) are bound to have an impact on margins for payments businesses.
- MobiKwik users can soon pay utility bills through walletOther players who have received in-principle approval for a BBPS licence include Paytm, Oxigen Services, BillDesk, and PayU.
- 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.
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