In a note published on the Prosus’ website, Eoin Ryan, head of investor relations, said: “Certain conditions precedent were not fulfilled b...

Prosus, the global investment arm of South African multinational Nasper, had on August 31 last year announced acquisition of BillDesk in an...

Prosus, the global investment arm of South African multinational Naspers, has cancelled a $4.7 billion deal to buy Indian payments firm Bil...

The deal-- pegged as the second-largest buyout in the Indian internet sector after Walmart’s $ 16 billion acquisition of ecommerce major Fl...

According to the revised notification, the Prosus-backed multinational said that “the proposed transaction will not cause any appreciable a...

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

Plural will target partnerships with large digital merchants, financial institutions, as well as payments collected by various government o...

In an age where every funding round is touted in press statements and staff parties, Prosus-owned PayU found itself having to take complete...

This will be one of the largest acquisitions in India’s digital payments space and by far the biggest move to consolidate the fast-growing ...

Paytm is exploring a deal around the time when it is also looking at raising about $3 billion (about ₹21,900 crore) from capital markets th...

Co set to monopolise recurring payments market as top banks take SI Hub services

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.

For Visa, an investment in BillDesk would help the American firm cement its position in the payments ecosystem in India.

"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...

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.