Worldline, a leading payments technology company, has entered into a deal to sell its Indian payments arm to BillDesk for a staggering €60 million in equity.
The agreement includes a long-term software partnership, allowing BillDesk to continue utilizing Worldline's technology.
The primary objective of the sale is to sharpen Worldline's core operations in Europe, reduce its presence, and redeploy its capital.
The acquisition is expected to be completed in the second half of 2026.
BillDesk, a pioneering digital payment platform in India, was founded in 2000 and specializes in bill payments, recurring mandates, and acquiring online merchants.
The company boasts an impressive 50-60% market share in online bill payments in India.
Worldline India was established in 2014 after Atos carved out its payments division, marking the beginning of Worldline's presence in the Indian market.