Prosus buys Indian payments company Billdesk for $4.7 billion

Technologies trader Prosus NV claimed on Tuesday it experienced purchased one hundred% of the fairness in Indian payments platform Billdesk for $four.7 billion.

Prosus claimed Billdesk would enhance its possess PayU small business.

“Alongside one another, the two expect to produce a economic ecosystem handling four billion transactions annually – four occasions PayU’s current amount in India,” the firm claimed.

(Only the headline and photograph of this report may perhaps have been reworked by the Small business Normal staff the relaxation of the material is vehicle-created from a syndicated feed.)

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