Prosus buys India’s BillDesk

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Prosus buys India’s BillDesk
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The technology investor says the Indian payments platform will complement its PayU business

Technology investor Prosus said on Tuesday it had agreed to buy Indian payments platform BillDesk for $4.7bn to complement its own PayU business.

BillDesk, one of India’s largest payment platforms, had 2.71-billion Indian rupees in after-tax net profit for the year to end-March 31 2021, Prosus said.

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