About BillDesk
BillDesk is a company based in Mumbai (India) founded in 2000 by Karthik Ganapathy, Ajay Kaushal, and Srinivasu M N. BillDesk has raised $185.7 million across 4 funding rounds from investors including Visa, Bank of Baroda and General Atlantic. The company has 742 employees as of April 08, 2024. BillDesk has completed 2 acquisitions, including Jocata and Loylty Rewardz. BillDesk operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Adyen, among others.
- Headquarter Mumbai, India
- Employees 742 as on 08 Apr, 2024
- Founders Karthik Ganapathy, Ajay Kaushal, Srinivasu M N
- Stage Unicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Indiaideas Com Limited
- Date of Incorporation 29 Mar, 2000
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$332.51 M (USD)10.01as on Mar 31, 2023
-
Net Profit
$17.06 M (USD)-5.15as on Mar 31, 2023
-
EBITDA
$20.19 M (USD)-9.56as on Mar 31, 2023
-
Total Equity Funding
$185.7 M (USD)
in 4 rounds
-
Latest Funding Round
$84.84 M (USD), Series D
Jan 17, 2019
-
Investors
Visa
& 8 more
-
Employee Count
742
as on Apr 08, 2024
-
Investments & Acquisitions
Jocata
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of BillDesk
Unlock access to complete
Co Team
3 people
Software Development Team
3 people
Lead Team
1 people
Infrastructure Team
1 people
Unlock access to complete
Funding Insights of BillDesk
BillDesk has successfully raised a total of $185.7M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $84.84 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $84.8M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series D - BillDesk | Valuation | Visa | |
| Oct, 2015 | Amount | Series C - BillDesk | Valuation | General Atlantic | |
| Mar, 2006 | Amount | Series B - BillDesk | Valuation | Clearstone Venture Partners , State Bank of India |
Investors in BillDesk
BillDesk has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Visa, Bank of Baroda and General Atlantic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment platform is provided for diverse sectors and geographies.
|
Founded Year | Domain | Location | |
|
Early-stage US companies are invested in by Clearstone Venture Partners.
|
Founded Year | Domain | Location | |
|
Private equity fund focused on global markets
|
Founded Year | Domain | Location |
Investments & Acquisitions by BillDesk
BillDesk has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Jocata and Loylty Rewardz.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of AI and cloud based financial planning and investment management solutions
|
2010 | ||||
|
Platform offering loyalty and relationship management solutions
|
2006 |
Financial Statements - BillDesk
Billdesk Comparisons
Competitors of BillDesk
BillDesk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Adyen, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Payment issuance and processing solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
|
Frequently Asked Questions about BillDesk
BillDesk was founded in 2000 and raised its 1st funding round 1 year after it was founded.
BillDesk is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
BillDesk is a funded company, having raised a total of $185.7M across 4 funding rounds to date. The company's 1st funding round was a Series B of $7.67M, raised on Jun 01, 2001.
As of Apr 08, 2024, the latest employee count at BillDesk is 742.
Annual revenue of BillDesk is $332.51M as on Mar 31, 2023.
BillDesk was founded in 2000 and is headquartered in Mumbai, India, within the fintech sector. Integrated payment solutions are provided to facilitate recurring and one-time transactions across digital modes including cards, eNACH, and UPI AutoPay. Services encompass online and international payments, tokenization, biller network integration, and payment aggregation for businesses operating on various platforms. Operations support seamless processing for merchants in multiple geographies.
BillDesk has made 2 acquisitions, including Jocata, and Loylty Rewardz.
BillDesk has 9 investors. Key investors include Visa, Bank of Baroda, General Atlantic, State Bank of India, and Temasek.
The valuation of BillDesk is $1.59B as of Jan 2019.