BillDesk to Acquire Payment Businesses from Worldline India

BillDesk Acquires India Payment Businesses of Worldline

Transaction Overview

On [Date], BillDesk announced that it has entered into a definitive agreement to acquire the India payment businesses of Worldline, a French payments firm. This acquisition is part of Worldline's global restructuring efforts to exit non-core geographies and improve profitability.

Background

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In February 2024, Worldline launched a turnaround plan focusing on cost controls, portfolio pruning, and free cash flow improvements. The company also appointed banking advisors to sell its non-core businesses, including its Mobility and e-Transactional Services (MTS) business. Worldline's newly appointed CEO, Pierre-Antoine Vacheron, has stated the company's intention to exit non-performing geographies and segments to revive growth.

Acquisition Details

The transaction will merge BillDesk's online aggregation business with Worldline India's offline merchant network and bank switching infrastructure. The combined entity will offer integrated payment services across digital transactions, recurring mandates, cross-border payments, and in-store acceptance through point-of-sale terminals and QR-based systems.

Financial Impact

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The acquisition size was not disclosed. However, the deal is expected to deepen BillDesk's presence in regional markets and strengthen merchant distribution, particularly among mid-sized businesses expanding their digital payment adoption.

Regulatory Approval

The transaction is subject to customary regulatory approvals and closing conditions. Shardul Amarchand Mangaldas & Co. acted as legal counsel to BillDesk, while EY served as diligence advisor.

Worldline's Performance

In the March quarter of 2025, Worldline's revenue stood at €1,068 million, down 2.3% year-on-year. In 2024, the company reported muted growth, with revenue of €4,632 million, up 0.5% year-on-year in organic terms, and a net loss of €297 million.