PayU Payment's acquisition of BillDesk gets CCI nod

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. IMAGE: Anirban Mukherjee, CEO of PayU......

PayU calls off $4.7 bn acquisition of BillDesk

Prosus NV, which owns PayU, has terminated a $4.7 billion (about Rs 38,400 crore) deal to acquire Indian payments firm BillDesk, saying certain conditions precedent were not met. IMAGE: Anirban......

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

BillDesk founded in 2000, by a team of ex-Arthur Anderson professionals, handles 50-60 per cent of billing transactions in India. Nasper-backed fintech firm PayU has started talks to acquire......

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Over the next three years, RBI expects more than 200 million new users to adopt digital payments, with the average annual transactions per capita rising tenfold from 22 to 220. IMAGE: Anirban......