BillDesk

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BillDesk - overview

Established

2000

Location

Mumbai, Maharashtra, India

Primary Industry

Software

About

Based in Maharashtra, India, and founded in 2000 by Ajay Kaushal, Karthik Ganapathy, and M. N. Srinivasu, IndiaIdeas. com Limited, trading under the name BillDesk, is a provider of electronic bill payment and collections services.


In April 2012, TA Associates acquired a minority stake in the company and it later sold a 25% minority stake to General Atlantic and Temasek Holdings for INR 8. 03 billion, and in February 2019, IndiaIdeas. com Limited raised of INR 6. 02 Billion growth capital funding led by new investor Visa Inc.


, with participation from Temasek Holdings. The firm’s services are used by organizations in insurance, financial services, education, e-commerce, entertainment, and telecom sectors. IndiaIdeas. com Limited primarily provides a variety of payment options to merchants across e-commerce transactions and bill payments.


The company offers a 24-hour online service that offers bills payment and tracking service, auto-pay feature, e-mail notifications, electronic checkbook, analysis tools, payment records archiving, and customer support.


Current Investors

TA Associates, Temasek Holdings, Visa Inc.

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.billdesk.com/

Verticals

Cloud Computing, FinTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

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