M&A

M&A

Nasper-backed fintech co PayU in talks to acquire BillDesk for $4-B

Business Standard  

Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk for USD 3-4 billion. If the deal happens, it will be a shot in the arm for PayU, which will be able to capture the entire end-to-end payments ecosystem. BillDesk's investors include TA Associates, Clearstone Ventures, General Atlantic, and Temasek.