[Indian Payment Company Billdesk Acquires Worldline's India Business at a Discount] According to The Economic Times, Indian digital payment company Billdesk will acquire the Indian payment business of French payment giant Worldline. The transaction's equity valuation is approximately $70 million, with an enterprise value of about $43.6 million. Worldline will sign a long-term technology and software cooperation agreement with Billdesk, ensuring its software stack continues to operate in India while retaining its global capability center located in India, which serves its Western European business. Worldline's India business includes Ingenico, which it acquired in 2020, and Techprocess, a local payment processor acquired by Ingenico in 2017 for approximately 600 million rupees. Founded in 2000, Billdesk is one of India's leading bill payment processing institutions, with FY24 revenue of 24.46 billion rupees and a net profit of 1.21 billion rupees.