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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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PayU’s Prosus to Buy Payments Company BillDesk for $4.7 Billion
PayU’s Prosus has agreed to buy payments company BillDesk in a $4.7 billion (roughly Rs. 34,380 crores) deal.
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PayU Acquires US-Based Fintech Firm Wibmo for $70 Million
Wibmo will continue to operate and serve all of its clients under its founder and CEO Govind Setlur as a wholly-owned subsidiary of PayU.
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LazyPay Ties Up With Airtel, Flipkart to Expand Its 'Buy Now Pay Later' Model
LazyPay was launched by fintech giant PayU in India back in April last year.
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Xiaomi Mi Pay Beta Testing Starts in India, Countering Google Pay in the Country
Xiaomi has partnered with ICICI Bank and PayU to launch the Mi Pay digital payments platform in India.
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PayU's New EMI Platform Monedo Is Proving to Be Popular When Paying Fees and Buying Mobiles
Wallet turned gateway PayU expands its credit offering from pay-later micro-credit to EMIs for loans up to Rs. 1 lakh. Here's what you need to know.
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Your Favourite Indian Apps and Sites May Soon Let You Buy Now and Pay Later
Buy now and pay later - that's the idea behind PayU India's LazyPay service, which was announced in April, and now, three months later, is gearing up to exit beta.
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PayU Launches Deferred Payment Facility 'LazyPay' in India
PayU LazyPay provides a deferred payment facility of 15 days with a transaction limit decided as per the purchasing behaviour of every individual.
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PayU Plans to Launch Digibank Services in Next 12 to 18 Months
PayU CEO B Amrish Rau said that the company will not require to set up a brick and mortar structure for the Digibank.
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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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PayU’s Prosus to Buy Payments Company BillDesk for $4.7 Billion
PayU’s Prosus has agreed to buy payments company BillDesk in a $4.7 billion (roughly Rs. 34,380 crores) deal.
-
PayU Acquires US-Based Fintech Firm Wibmo for $70 Million
Wibmo will continue to operate and serve all of its clients under its founder and CEO Govind Setlur as a wholly-owned subsidiary of PayU.
-
LazyPay Ties Up With Airtel, Flipkart to Expand Its 'Buy Now Pay Later' Model
LazyPay was launched by fintech giant PayU in India back in April last year.
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Xiaomi Mi Pay Beta Testing Starts in India, Countering Google Pay in the Country
Xiaomi has partnered with ICICI Bank and PayU to launch the Mi Pay digital payments platform in India.
-
PayU's New EMI Platform Monedo Is Proving to Be Popular When Paying Fees and Buying Mobiles
Wallet turned gateway PayU expands its credit offering from pay-later micro-credit to EMIs for loans up to Rs. 1 lakh. Here's what you need to know.
-
Your Favourite Indian Apps and Sites May Soon Let You Buy Now and Pay Later
Buy now and pay later - that's the idea behind PayU India's LazyPay service, which was announced in April, and now, three months later, is gearing up to exit beta.
-
PayU Launches Deferred Payment Facility 'LazyPay' in India
PayU LazyPay provides a deferred payment facility of 15 days with a transaction limit decided as per the purchasing behaviour of every individual.
-
PayU Plans to Launch Digibank Services in Next 12 to 18 Months
PayU CEO B Amrish Rau said that the company will not require to set up a brick and mortar structure for the Digibank.
