For an estimated equity value of roughly $70.8 million, French payments giant Worldline SA has agreed to sell its Indian payment operations to Indian payments company BillDesk.

Key Highlights

• BillDesk acquires Worldline’s India payments business in a $70.8 million deal to strengthen market leadership.
• The acquisition enhances BillDesk’s scale, merchant reach, and competitive positioning in India’s fast-growing fintech ecosystem.

As part of the deal, Worldline will also establish a long-term software and technology agreement with BillDesk, which will allow the Indian payments company to continue using Worldline's payment platform.

Worldline's India business is valued at an enterprise value of $43.7 million in the purchase.

According to Worldline, the planned sale is a component of a larger plan to optimize resource allocation, streamline operations, and concentrate on core payment activities in Europe. It is anticipated that the transaction's cash proceeds will improve the group's financial standing and facilitate capital reallocation to its main operations.

The Reserve Bank of India granted Worldline permission to function as a cross-border payment aggregator in India in May of last year. Under the official regulatory framework, Worldline's Indian division was able to conduct online import and export transactions for merchants thanks to the RBI authorization. BillDesk is anticipated to strengthen its position in the payments ecosystem and gain from Worldline's technological capabilities after the acquisition.

BillDesk's consolidated financial accounts for FY24 show that its profit after tax decreased from Rs 142 crore to Rs 121 crore, while its operating income decreased from Rs 2,678 crore to Rs 2,334 crore. At the end of FY24, the company reported bank and cash holdings of Rs 930 crore. It has not yet released its FY25 results.

Worldline India reportedly posted a loss of Rs 22.5 crore in FY25 while reporting revenue from operations of Rs 694 crore.

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According to Worldline, the total net cash proceeds from all of its previously disclosed divestitures—including MeTS, Worldline North America, Cetrel, PaymentIQ, and its India business—are projected to be between $637.2 million and $696.2 million. The proceeds are anticipated to be received in 2026.

It is anticipated that the BillDesk Worldline India deal will close in the second half of 2026.