Prosus to acquire Indian payments gateway company BillDesk for $4.7 billion

Prosus to acquire Indian payments gateway company BillDesk for $4.7 billion

Prosus to acquire Indian payments gateway company BillDesk for $4.7 billionAug 31, 2021, 05:27 PM IST

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 sector. It comes at a time when the digital payments ecosystem is seeing huge traction.

Northern Arc Capital raises $50 million from JICAAug 31, 2021, 10:29 AM IST

"The usage of proceeds will be towards promoting women entrepreneurship and employment, an important target area for the company,” Northern Arc managing director Kshama Fernandes said.

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