Explained: Why a Dutch company is buying BillDesk for $4.7 billion
Dutch company Prosus, a division of South African multinational Naspers, announced Tuesday that the Indian unit of its fintech business PayU will acquire 100 per cent in homegrown digital payments provider BillDesk for $4.7 billion. With this, Prosus will look to augment its payment business in India. What is BillDesk…