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July 28, 2015 6:29 AM ET

Internet Software and Services

Company Overview of IndiaIdeas.com Limited

Company Overview

IndiaIdeas.com Limited, a technology product and services company, provides online bill payment services. It offers BillDesk, a service bureau that offers billers, banks, and customers with bill presentment, payment, and management services. The company’s BillDesk allows consumers to pay telephone, electricity, credit card, ISP, cell-phone, insurance, depository, and gas bills; and allows them to review bills, decide when and how much to pay, and select bank accounts that they wish to make the payment from. The company’s BillDesk also keeps track of bills and informs the clients of due dates. IndiaIdeas.com Limited was founded in 2000 and is based in Mumbai, India.

E-510 Crystal Plaza

New Link Road

Andheri (West)

Mumbai,  400 053

India

Founded in 2000

Phone:

91 22 4092 0001

Fax:

91 22 5692 0002

Key Executives for IndiaIdeas.com Limited

Managing Director
Compensation as of Fiscal Year 2015.

IndiaIdeas.com Limited Key Developments

TA Associates Management Reportedly Mulls Acquisition Of BillDesk

TA Associates Management, L.P. is reportedly seeking acquisition of IndiaIdeas.com Limited (BillDesk Services). “Two years after it purchased a stake in online payment gateway solutions provider Bill-Desk, global private equity fund TA Associates is planning to raise the holding by investing INR 4.5 billion of incremental capital,” three people involved in the process said. “BillDesk is also in talks with other private equity investors for funding,” they said. "The company is looking at raising growth capital for its further expansion," said one of the three persons, a banker involved in the deal. "It is in talks with several private equity funds… “However, TA Associates is unlikely to allow any other investor to come in. It will invest further in the company if need be," he added. Navin Wadhera, India head of TA Associates, and MN Srinivasu, BillDesk co-founder and director, did not respond to emails.

BillDesk Presents at The Montgomery Summit, Mar-11-2015 10:00 AM

BillDesk Presents at The Montgomery Summit, Mar-11-2015 10:00 AM. Venue: 101 Wilshire Boulevard, Santa Monica, California, United States. Speakers: Srinivasu MN, CEO.

IndiaIdeas.com Limited Presents at The Montgomery Summit, Mar-11-2015 11:30 AM

IndiaIdeas.com Limited Presents at The Montgomery Summit, Mar-11-2015 11:30 AM. Venue: 101 Wilshire Boulevard, Santa Monica, California, United States.

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