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Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...- Payments companies see PoS pause on war-related imports squeezeIndia's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and...
- 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 to acquire Worldline’s India operations; deal values business at $70 millionBilldesk is set to acquire the India payments business of French payment giant Worldline for an estimated equity value of $70 million. In a...
- BillDesk reports slight growth in revenue, fall in profit in FY23BillDesk's operational revenue increased to Rs 2,678 crore for FY23, with net profit at Rs 141.9 crore. Entrackr reported the financials, h...
- Digital payments service BillDesk's profit declines 39% to Rs 149 crore, revenue grows to Rs 2,442 crore in FY22Total consolidated revenues for the BillDesk’s parent stood at Rs 2,513.8 crore for FY22, company filings showed.
- 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...
- Prosus drops $4.7B BillDesk deal; revisit the biggest failed ‘tech-overs’ everProsus, the global investment arm of South African multinational Naspers, has cancelled a $4.7 billion deal to buy Indian payments firm Bil...
- Prosus cans $4.7 billion BillDesk deal: here are the biggest failed ‘tech-overs’ everProsus’s $4.7 billion deal to buy BillDesk would have been one of the largest ever in India's technology sector, but how does it compare wi...
- CCI clears PayU’s $4.7 billion BillDesk acquisition after a yearThe deal-- pegged as the second-largest buyout in the Indian internet sector after Walmart’s $ 16 billion acquisition of ecommerce major Fl...
- PayU India submits revised merger notification to CCI on BillDesk dealAccording to the revised notification, the Prosus-backed multinational said that “the proposed transaction will not cause any appreciable a...
- Exclusive: Prosus deal adds to our heft, gives us necessary growth capital, says BillDesk cofounderBillDesk, founded in the year 2000 by MN Srinivasu, Ajay Kaushal and Karthik Ganapathy, has been acquired by global technology investor Pro...
- 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 ...
- Billdesk’s revenue for FY18 rises 40% to Rs 929 cr, profit up 15%Payments company Billdesk, which recently crossed the $1-billion valuation mark, posted a 40% increase in revenue from operations and 15% g...
- 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.
- General Atlantic picks up 20% stake in BilldeskGlobal private equity investor General Atlantic has picked up 20% stake in online payment gateway solutions provider Billdesk for $120 mill...
- 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.
- 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...
- State Bank, Clearstone Ventures to invest $7.5m in BillDeskUS-based venture capital firm Clearstone Ventures along with India’s largest public sector bank SBI has decided to invest $7.5m into Mumbai...
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