BillDesk was created to help consumers leverage on the potential of electronic medium to better organise and manage payments, while escaping some of the pitfalls of traditional bill payment services.
Basic Information
Co-founded by M.N. Srinivasu, Ajay Kaushal, Karthik Ganapathy BillDesk, a property of IndiaIdeas.com Ltd. was conceived in early 2000 to solve the frustrations when it comes to paying bills. With a vision to create a one-stop destination to make all payments, Bill Desk keeps track of bills, informs of due dates, eliminates the hassle of writing out cheques and standing in queues, and gives the freedom and ability to pay with just one instruction to the customer’s bank. BillDesk is focused on providing a compelling value-add service that simplifies bill payment and management for the advantage of customers, deliver on reliability, efficiency and performance and, most importantly, affording a secure zone where customers can transact with ease. In 2015, BillDesk received an investment of USD 200 million from General Atlantic and Temasek thereby giving the company a total valuation of USD 1 billion dollars.
Legal Name
:
IndiaIdeas.com Ltd.
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
2000
No. of Employees
:
251 to 500
Core Team
:
1.
Ajay Kaushal
Co-Founder & Director
2.
Srinivasu MN
Co-Founder & Director
Funding
Total Funding
$250.0M
Investors
:
1.
General Atlantic
2.
TA Associates
3.
Visa
4.
Temasek Holdings
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Round 1
$75M
Series Name
:
SERIES-C
Date
:
30th Mar 2015
Investors
:
1.
TA Associates
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