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Which company is acquiring the Indian digital payments provider BillDesk?
A)
PayU
B)
Paytm
C)
Razorpay
D)
CCAvenue

Correct Answer :   PayU


Global consumer internet group(Netherlands-based) Prosus NV., one of the largest technology investors in the world, announced today(31-08-2021) that its payments and fintech business PayU proposed to acquire Indian digital payments provider BillDesk for $4.7 billion.
 
A press release from Prosus said that an agreement had been reached in this regard between PayU and the shareholders of BillDesk.
 
"The proposed acquisition will see PayU, the payments and fintech business of Prosus which operates in more than 20 high-growth markets, become one of the leading online payment providers globally by Total Payment Volume (TPV)" the release said.

Published On : September 1, 2021
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