Worldline Sells Indian Payment Business to BillDesk for €60 Million
Worldline has signed a definitive agreement to sell its Indian payment activities to BillDesk, one of India's largest digital payments processors, at an estimated equity value of approximately €60 million ($71 million). The enterprise value of the transaction is around €37 million.
The divestment is part of Worldline's broader strategy to sharpen its focus on core payment activities in Europe. The French payments company said the combined proceeds from all announced disposals — including MeTS, North America, Cetrel, PaymentIQ, and now India — are estimated at €540 to €590 million, with proceeds expected during 2026.
Technology partnership retained
Rather than a complete exit, BillDesk will continue to use Worldline's payment software under a long-term technology partnership arrangement. The Indian business being divested generates approximately €90 million in revenue and around €8 million in adjusted EBITDA, with free cash flow described as neutral.
Worldline said it remains committed to India as "a strategic talent and innovation hub" through its existing Global Competence Centres, which support European operations and serve as innovation hubs for the group.
Closing and advisors
The transaction is expected to close in the second half of 2026, subject to customary processes and applicable legal requirements. BNP Paribas acted as financial advisor to Worldline, with Hogan Lovells providing international legal counsel and Cyril Amarchand Mangaldas advising on Indian legal matters.