In a move aimed at scaling its payments infrastructure, the company is strengthening its presence across merchant segments and regional markets.
BillDesk is set to acquire the payments business of Worldline India, a step that is expected to enhance its capabilities in payment aggregation, transaction switching, and omnichannel merchant acquisition.
The transaction value was not disclosed by BillDesk. However, industry sources estimate the deal size to be between $100 million and $150 million.
“It strengthens our ability to deliver a more connected and scalable payments experience for banks, enterprises and merchants, while supporting digital adoption across markets and segments,” said M N Srinivasu, Co-founder of BillDesk.
Sources also indicated that other payment firms, including PayU and AvenuesAI, had evaluated the asset before the transaction was finalised.
According to BillDesk, the acquisition will help expand its reach into additional regional markets, strengthen merchant distribution, and accelerate monetisation opportunities in the mid-market merchant segment. The combined business is expected to offer integrated acceptance, settlement, and value-added services to small and mid-sized enterprises.
“Together, the businesses will provide a coordinated omnichannel payments experience spanning digital transactions, recurring mandates, cross-border flows, and in-store point-of-sale (POS) and QR acceptance across urban and emerging markets. Worldline India payment team’s strong execution and domain expertise enhances BillDesk’s delivery capabilities for its next phase of growth,” the company said in a statement.
On the advisory front, Shardul Amarchand Mangaldas & Co acted as legal counsel to BillDesk, while EY served as the diligence adviser.
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