Srinivasu replaces Harsh Jain, cofounder and chief executive of Dream Sports, who assumed the post in May 2023. Before Jain, Sanjay Gupta, ...

Dream Sports cofounder and CEO Harsh Jain and Haptik CEO Aakrit Vaish to chair its eight-member governing council in its inaugural election...

A 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...

The merger was expected to create an online payments gateway juggernaut that would process $147 billion in annualised total payments value ...

Srinivasu founded BillDesk twenty years ago along with Ajay Kaushal and Karthik Ganapathy, his colleagues at Arthur Andersen. He led the co...

“CCI has not questioned the merits of the proposed transaction, but requested for additional information, as of now,” said a one person dir...

BillDesk, the Indian fintech firm that predates the word 'fintech', will soon be acquired by global tech investor Prosus in a $4.7 billion ...

Platform to help banks with recurring payments

Through this partnership, J.P. Morgan’s clients in India will be able to independently initiate statutory and utility payments online with ...

Customers can purchase gadgets or pay for their insurance premium or school fees in easy EMIs from their savings account using the internet...

Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses.

"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...

This partnership would enable a major shift towards pushing of bill payments into digital mode especially through QR codes and also give a ...

Recent interventions done on merchant discount rate (MDR) are bound to have an impact on margins for payments businesses.

Other players who have received in-principle approval for a BBPS licence include Paytm, Oxigen Services, BillDesk, and PayU.

illDesk plans to explore inorganic growth as consolidation is likely to play out in the emerging online payment gateway sector.

In 2012, TA Associates purchased a minority stake from State Bank of India and Clearstone Venture Partners for an undisclosed sum.