BillDesk provides payment solutions that help businesses in digital transformation. It offers payment aggregator solutions, biller network solutions, and recurring payment solutions. The company was founded in 2000 and is based in Mumbai, India. In August 2021, BillDesk announced that it had been acquired by PayU, which is owned by Prosus,.7B. In October 2022, Prosus canceled the $4.7 billion acquisition of BillDesk a month after the proposed merger gained approval to move forward from the local antitrust police. According to Prosus, "certain prerequisite conditions" were not met by the September 30, 2022 deadline and as a result, the agreement was terminated automatically in accordance with its terms.
Research containing BillDesk
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned BillDesk in 1 CB Insights research brief, most recently on Apr 20, 2021.
Expert Collections containing BillDesk
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BillDesk is included in 2 Expert Collections, including Payments.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Excludes US-based companies
Latest BillDesk News
Aug 3, 2023
Segmental Analysis On the basis of fund type, the buyout segment is expected to dominate the market. This growth is backed by the burst of liquidity, ensuring enough debt to fund buyouts of private equity firms. Based on sector, the technology and healthcare sector are expected to dominate the market as they promise long-term growth and projected earnings and margins. Based on the region, North America is expected to dominate the market due to increasing P2P activities in the region. Competition Analysis: Emergence of SPACs to boost the demand for Private Equity The global private equity market experiences intense competition due to the presence of numerous established companies in the market. SPACs have a short lock-in period (usually 18 to 24 months) as compared to PE portfolio companies (5-6 years) and are capable of earning sizeable returns that to more quickly than a private equity fund. Not only this, registration formalities can be done on a shorter timeline than a traditional IPO process. All these attributes of SPACs make them preferable to UHNIs and HNIs, fueling the growth of the private equity market. Moreover, the future of SPACs is likely to involve private equity firms in simultaneously sponsoring many SPACs by utilizing their financial resources, networks, deal-making expertise, and industry experience. This will further contribute to the rapid expansion of SPACs as a preferred investment vehicle in the forthcoming years. Lastly, some of the forces like the lingering pandemic and geopolitical turmoil also are driving PE deal making imperatives. The observed industry trend in the global private equity market is product innovations, launches, and alliances. During the estimated period of 2022–2028, a significant amount of market consolidation is anticipated. In September 2022, Nonantum Capital Partners, a middle-market private equity firm, today announced the acquisition of LJP Waste Solutions ("LJP") from Aperion Management. LJP is a leading regional provider of non-hazardous solid waste and recycling services that specializes in zero landfill and waste-to-energy solutions. In August 2022, Indian firm Trilegal acted as the sole advisor to global consumer internet group and technology investor Prosus Ventures, and PayU India for the acquisition of IndiaIdeas.com Limited (BillDesk). It is the largest-ever acquisition in the digital payments space in India, and the deal is valued at US$ 4.7 billion. Some of the leading players involved in the production and marketing of the Global private equity market include Advent International, Apollo Global Management, The Blackstone Group Inc, The Carlyle Group Inc, CVC Capital Partners, KKR & Co. Inc, Thoma Bravo, EQT AB, Vista Equity Partners, TPG Capital, Bain Capital, Warburg Pincus LLC, and Neuberger Berman Group LLC among others. RationalStat has segmented the Global Private Equity market on the basis of deal size, fund type, sector, and region. By Deal Size US$ 0.1 – US$ 1 Bn US$ 1 - US$ 2.5 Bn US$ 2.5 - US$ 5 Bn US$ 5 - US$ 10 Bn More than US$ 10 Bn By Fund Type Key Questions Answered in the Global Private Equity Report: What will be the market value of the Global Private Equity market by 2028? What is the market size of the Global Private Equity market? What are the market drivers of the Global Private Equity market? What are the key trends in the Global Private Equity market? Which is the leading region in the Global Private Equity market? What are the major companies operating in the Global Private Equity market? What are the market shares by key segments in the Global Private Equity market? 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Research Methodology RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting. RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are: Defining the problem by understanding the type of market and data required by the client. Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews. Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance. Evaluating and analyzing the data by referring to data sources utilized and leveraged. Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts. To get any Deep-Down Insight on the Report- Raise a Query About RationalStat LLC RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually. RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards. Contact
BillDesk Frequently Asked Questions (FAQ)
When was BillDesk founded?
BillDesk was founded in 2000.
Where is BillDesk's headquarters?
BillDesk's headquarters is located at 17/18 Shah Industrial Estate, Off Veera Desai Road, Supreme Chambers, Andheri West, Mumbai.
What is BillDesk's latest funding round?
BillDesk's latest funding round is Series A.
How much did BillDesk raise?
BillDesk raised a total of $84.85M.
Who are the investors of BillDesk?
Investors of BillDesk include Temasek, Visa Ventures, General Atlantic, March Capital, TA Associates and 7 more.
Who are BillDesk's competitors?
Competitors of BillDesk include Nimbbl and 5 more.
Compare BillDesk to Competitors
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Forage is a payment processor for authenticating and processing electronic benefits transfer (EBT) transactions. The platform is designed for government social programs. It was founded in 2020 and is based in San Francisco, California.
PayNearMe develops technology to facilitate the end-to-end customer payment experience. It offers a billing and payment platform. Its platform helps users pay with cash for a range of goods and services from companies in e-commerce, property management, consumer finance, and transportation, enabling businesses and government agencies as well as retail stores to digitize their cash collection processes. It was formerly known as Handle Financial. The company was founded in 2009 and is based in Santa Clara, California.
Cforia Software is a global enterprise solutions provider that provides working capital and accounts receivable (A/R) automation software. Its comprehensive software suite maximizes A/R performance through its integrated system that includes OCR Auto Cash Application, Credit, Collections & Deductions Workbench, Customer Self-Service & Payment Portal and an A/R Collaboration Portal. It was founded in 2001 and is based in Westlake Village, California.
Telr provides payment gateway solutions. It offers a set of unified application programming interfaces (APIs) and tools that instantly enable businesses to accept and manage online payments. It was founded in 2014 and is based in Dubai, United Arab Emirates.
Melio provides financial and payment services. It offers a digital platform for paying vendors, suppliers, and contractors by bank transfer, credit, and debit cards. The platform helps small businesses and their suppliers to receive and transfer payments. It was founded in 2018 and is based in New York, New York.