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MN SRINIVASU
UPI wouldn’t be possible if NPCI were not in Mumbai, says Dilip AsbeTalking about regulations, Asbe acknowledged RBI's guidance in creating responsible regulations around tech innovation to make the platform...18 Feb, 2024, 07.37 PM IST- 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...25 Mar, 2022, 06.00 AM IST
- 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...02 Sep, 2021, 03.48 PM IST
- 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 ...01 Sep, 2021, 11.40 AM IST
- 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...01 Sep, 2021, 10.23 AM IST
- 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 ...01 Sep, 2021, 09.00 AM IST
- Wall St boutique PJT Partners joins Indian M&A sweepstakes with PayU-BillDesk dealThe six-year-old firm had roped in former Citi India CEO Pramit Jhaveri as senior advisor to help grow base.31 Aug, 2021, 10.09 PM IST
- 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.16 Nov, 2018, 11.28 PM IST
- 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.08 Dec, 2017, 03.51 PM IST
- 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...18 Sep, 2017, 08.08 AM IST
- Lower MDR cap likely to hit e-payments business: Payments CouncilThe Council has also suggested equal sharing of charges between the acquiring bank and the issuing bank which currently is skewed towards t...17 Mar, 2017, 11.04 AM IST
- 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.28 Feb, 2017, 08.49 AM IST
- 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...15 Mar, 2016, 05.35 PM IST
- Indian startups shine at the Montgomery SummitThe event showcased 147 private companies from over 20 states and countries and featured a keynote address by Cisco Executive Chairman John...11 Mar, 2016, 02.11 PM IST
- 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.30 Mar, 2015, 10.50 AM IST
- 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...23 Oct, 2012, 05.00 AM IST
- Prevent online fraudsThe recent spate of incidents pointing to misuse of Internet by terrorists has exposed users’ vulnerability to frauds like hacking and iden...25 Sep, 2008, 12.00 AM IST
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