As the three founders of Bilddesk have 31 per cent stake, all three have been given Rs. 500-600 crore

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Global consumer internet group Process NV has bought an advertisement to buy Indian digital payment provider Bilddesk for ૭ 4.5 billion (approximately Rs 2.6 crore). Following the announcement, Bill Desk founders MN Srinivasu, Karthik Ganapati and Ajay Kaushal will all get Rs 500 crore. All three hold 31 per cent stake in the company.

The trio met while working for Arthur Anderson, a US-based accounting firm. The three decided to start their own business together. All three quit their good jobs without any specific planning.

The trio, who graduated from IIM, came up with the idea of ​​starting a fintech company at a time when the term fintech was not well known in the world. Besides, the internet user base in India at that time was only 20,000.

“We are different from the typical youth startup founder,” Srinivasu said. Kaushal and I are 3 years old while Ganapati is 20 years old. When we started in the year 2000, we thought that starting a finance and technology company would be of great benefit in the future.

The two-decade-old builddesk company has a large number of business clients and handles 90 per cent of online transactions in the country.

Pros said in a recent statement that the agreement was reached between shareholders of PayU and Indian digital payment provider Bill Desk at a cost of 2.5 billion. Will go