OUR
PRACTICE
Our solutions in the Fintech space cover entry strategies, regulatory approval and compliance processes, the launch of new products, improvements to existing Fintech products and services and structuring contractual arrangements on white labelling. It extends to public and private M&A, capital raises, joint ventures, intra–group restructuring, data protection and localisation and internal investigations and policy formulation.
Our practice is designed to ensure that the team are not just technology specialists, but can leverage their transactional and advisory skills for holistic counsel. By helping assemble industry representations to regulators and government bodies and making pragmatic recommendations, our clients continue to remain competitive.
Our expertise has evolved to also include cross border data access, transfer or storage, emerging payment systems and the legal and regulatory aspects of emerging technologies (block chain, crypto–currencies, Over The Top media services, technology–payments integration, Machine Learning, Artificial Intelligence and the Internet of Things).
GET IN TOUCH
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Ashwath Rau
Senior Partner
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Gautam Ganjawala
Senior Partner
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Rachit Bahl
Senior Partner
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Rohan Bagai
Senior Partner
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Vipul Jain
Partner
WHAT
WE DO
The Firm’s specialised, dedicated FinTech team helps clients develop a ‘play book’ to deal with the market’s myriad and constantly evolving legal and regulatory considerations. We work closely with our clients to set up and operate their fintech business in India, identify the legal and regulatory requirements to establish a local presence and provide solutions to potential hurdles.
Our lawyers employ leading technologies and consult specialists to ensure our clients’ dynamic needs are anticipated and met. Established relationships with regulators enable us to offer unique insights into the regulatory regime and leads to speedy, cost–effective resolutions.
RECENT WORK HIGHLIGHTS
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On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
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On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
-
On (i) its investment in CoinSwitch Kuber, one of the prominent crypto–exchanges in India; and (ii) legal and regulatory issues under Indian law
-
On their investment in Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’
-
On a series of 14 investments from 13 leading global investors, including Facebook, Google, Silver Lake Partners, General Atlantic, KKR, Vista Equity Partners and TPG, the largest FDI transaction into India, amounting to over USD 20 billion
-
On legal / regulatory issues associated with the use of blockchain technology, digitisation of responsibly sourced gold, offering of the digital tokens, operation of e–wallets for trading in cryptocurrencies and the impact of the RBI circular prohibiting banks to deal in virtual currency transactions
-
On applications to the RBI seeking authorization to operate as pan–India umbrella entities under the ‘Framework for authorization of pan–India Umbrella Entity for Retail Payments,’ issued by the RBI on August 18, 2020
-
(i) In defense of its circular prohibiting banks and regulated entities from dealing in crypto currency assets (ii) Before the Supreme Court of India
-
On its investment in (i) Dreamplug Technologies Private Limited, which operates the online credit card payment platform ‘Cred’ (ii) Billionbrains Garage Ventures, which operates the online investment platform ‘Groww’
-
On the launch of their payments businesses in India, the implications of the RBI directive on payments data localisation, the issuance of prepaid payment instruments, such as stored value accounts, gift cards and mobile wallets, Aadhaar e–KYC and related issues, the introduction of recurring payments and e–mandate solutions and the conduct of loyalty points / rewards programs
-
On myriad regulatory applications including registration as payment aggregators, MTSS operators (overseas principal), etc.
-
On a host of legal, regulatory and compliance issues relating to the operation of payment systems, card network operations (i.e., credit, debit, prepaid and stored value cards), payment aggregator / gateways, intermediaries, merchant aggregators / online platforms, white–label operations, co–brand credit card / customer lending arrangements, distributed ledger technology / blockchain based solutions and offerings, p2p lending and the launch of electronic payment solutions such as Unified Payment Interface (UPI) and bill payment services under the Bharat Bill Payment System (BBPS)
-
On (i) its investment in Indiaideas.com, which operates the online payments platform, ‘BillDesk’; (ii) its investment in PayMate India, operating a payment platform ‘PayMate,’ which helps SME and enterprising businesses automate digitise their payments; and (ii) the USD 4.7 billion acquisition of BillDesk by PayU
