PayU to buy out BillDesk for $4.7 billion - its most expensive acquisition till date3 min read 31 Aug 2021, 12:46 PM IST
PayU India and BillDesk run complementary businesses within India’s digital payment industry. Together, the two expect to create a financial ecosystem handling 4 billion transactions annually - four times PayU’s current level in India.
BENGALURU: Consumer internet group, Prosus N.V. (‘Prosus’), on Tuesday said that it has reached an agreement, along with fintech subsidiary PayU, to acquire Indian payment gateway service provider BillDesk for $4.7 billion.
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