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India Approves PayU’s $4.7 Billion Deal To Buy BillDesk

 |  September 5, 2022

A year after the announcement of the deal, the Competition Commission of India (CCI) has given its nod to online payments major PayU ‘s $4.7 billion acquisition of payment gateway firm BillDesk , the antitrust regulator said in a tweet on Monday.

While the detailed order by the CCI is awaited, it wrote on Twitter, “Commission approves acquisition of 100% of the equity share capital of http://IndiaIdeas.com (BillDesk) by PayU Payments.”

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