Shardul Amarchand Mangaldas advises BillDesk in its 100% acquisition by PayU Payments Private Limited
September 7, 2022
Shardul Amarchand Mangaldas & Co advised IndiaIdeas.com Limited (BillDesk) on its 100% acquisition by PayU Payments Private Limited (PayU), the largest deal in the digital payments market in India. The deal is valued at approximately USD 4.7 billion. The transaction was approved unconditionally by the Competition Commission of India on 05 September, 2022.
The competition team was led by Aparna Mehra, Partner; Rahul Shukla, Senior Associate and Kshitij Sharma, Associate.
The transaction team was led by, Raghubir Menon, Partner; Natashaa Shroff, Partner and Shiladitya Banerjee, Partner.