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AZB acts for Visa on possibly $280m investment in Billdesk

“Visa takes minority stake in Billdesk, valuation hits $1.8 billion: Visas investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses,” reported The Economic Times. “The transaction involves a primary investment of about $200 million with a secondary purchase of shares from existing investors and founders of $80-100 million, according to one person briefed on the matter.”

AZB & Partners advised Visa International Service Association led by a team of partners Ashwath Rau, Anu Tiwari, Aditya Singh Chandel, Akansha Agarwal, Samir Gandhi, Rahul Rai, Ami Parikh and lawyers Vipul Jain, Tanya Pahwa, Rahul Satyan, Akshat Kulshrestha, Kirti Balasubramanian, Utkarsh Bhatnagar, Arunima Chatterjee, Pranav Modi, Nripi Jolly, Shivam Dubey, Shruti Sundararajan.

2018-11-16

Deal value: Not disclosed

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

Click here if you are working with a law firm that has not been credited for this deal, and we will update the report promptly.

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