BillDesk to Acquire Worldline’s India Operations in USD 70.8 Mn Deal

Indian digital payments company BillDesk has agreed to acquire the Indian payment operations of Worldline SA for an estimated equity value of about USD 70.8 million. The deal marks a strategic move by both firms as they reshape their priorities in the evolving payments landscape.

Under the agreement, Worldline will also enter into a long-term technology and software partnership with BillDesk. This arrangement will allow BillDesk to continue using Worldline’s payment software, ensuring operational continuity and access to established technology capabilities.

The transaction values Worldline’s India business at an enterprise value of USD 43.7 million.

Worldline said the proposed sale forms part of its broader strategy to sharpen focus on core payment activities in Europe, streamline operations, and optimise resource allocation. The company expects the cash proceeds to strengthen its financial profile and support capital redeployment towards core business areas.

In May last year, Worldline received authorisation from the Reserve Bank of India to operate as a cross-border payment aggregator in India. The approval allowed its Indian arm to facilitate online import and export transactions for merchants within a formal regulatory framework. Following the acquisition, BillDesk is expected to benefit from Worldline’s technology capabilities while strengthening its position in India’s payments ecosystem.

According to BillDesk’s consolidated financial statements for FY24, revenue from operations declined to INR 2,334 crore from INR 2,678 crore in the previous year. Profit after tax fell to INR 121 crore from INR 142 crore. The company reported cash and bank balances of INR 930 crore at the end of FY24, while FY25 results are yet to be announced.

Worldline India reported revenue of INR 694 crore in FY25 and a loss of INR 22.5 crore. The transaction is expected to close in the second half of 2026.