Funding round
BillDesk Growth
Reported as "Growth Equity"
BillDesk, which works in payment solutions development in Mumbai, raised $150M in a Growth round announced on 1 Jan 2015, led by General Atlantic. 2 firms took part. It is BillDesk's first venture round on record.
$150M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
BillDesk did not disclose a valuation in this round. It is BillDesk's first venture round on record, 15 years after it was founded in 2000. It is 28% of the $535M BillDesk has raised in the venture rounds on record. BillDesk raised again 48 months later: a Growth round of $300M in Jan 2019. Its next priced round, a Growth in Feb 2019, valued it at $1.00B.
Investors
Who put money in
General Atlantic led the round with 1 other firm.
Lead investor
- General Atlantic backs 134 venture-backed companies new investor
Also in the round
- Temasek backs 195 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 1 Jan 2015 | $45M | not disclosed | Spectrum Equity |
| Payment Processing & Point of Sale | 21 Jan 2015 | undisclosed | not disclosed | Route 66 Ventures |
| Payment Processing & Point of Sale | 4 Nov 2014 | $50M | not disclosed | Great Hill Partners and Parthenon Capital |
| Ebury Payment Processing & Point of Sale | 18 Nov 2015 | $83M | not disclosed | Vitruvian Partners |
Questions
Frequently asked
How much did BillDesk raise in its Growth round?
BillDesk raised $150M in its Growth round, announced in Jan 2015.
Who led BillDesk's Growth round?
General Atlantic led it, with Temasek.
What was BillDesk's valuation at the Growth round?
It was not disclosed.
Did BillDesk raise again after this round?
Yes: a Growth round in Jan 2019 of $300M.