Billdesk plans to acquire Worldline's Indian payment business for approximately $70 million

The Mumbai-based digital payment processing company Billdesk will acquire the French payment giant Worldline's business in India, with an expected equity value of approximately $70 million.

Worldline stated in a statement that the company will enter into a long-term technology and software partnership agreement with Billdesk, under which Worldline's software system will continue to operate in India.