Billdesk to acquire Worldline’s India operations; deal values business at $70 million

Mumbai-headquartered digital payments processor Billdesk is set to acquire the India business of French payments giant Worldline for an estimated equity value of $70 million.

In a statement, Worldline said that it would be entering a long-term technology and software pact with Billdesk, through which the French company’s software stack would continue to remain operational in India.

Worldline added that it would continue to operate its Global Capability Centres in India, catering to the western Europe operations of the group.