26 Jun 2018, Aleen Joy Jarasa, EMIS Editor
Visa to invest $250 million in Mumbai-based BillDesk
The investment is expected to help Visa cement its position in the Indian payments industry amid the rise of new modes of payments and in turn would give BillDesk a strong foothold in the online merchant acquisition side of the business.
In 2016, BillDesk was valued at $800 million after General Atlantic got hold of a 20% stake in the company, The Economic Times has added.
Sign in and read the full article in emis.com Original source: The Economic Times