Funding round
BillDesk Growth
Reported as "Growth Equity"
BillDesk, which works in payment solutions development in Mumbai, raised $300M in a Growth round announced on 1 Jan 2019, led by Visa. 1 firm took part. It is BillDesk's second venture round on record; the one before was a Growth in Jan 2015.
$300M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
BillDesk did not disclose a valuation in this round. It came 48 months after BillDesk's Growth. It is 56% of the $535M BillDesk has raised in the venture rounds on record. BillDesk raised again 1 month later: a Growth round of $85M in Feb 2019, at $1.00B post-money.
Investors
Who put money in
Visa led the round.
Lead investor
- Visa new investor
Comparable rounds
How it compares
12 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $51M, and this round was 5.9 times the median. The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Toss Business Payment Processing & Point of Sale | 10 Dec 2018 | $80M | $1.20B | Ribbit |
| Payment Processing & Point of Sale | 7 Feb 2019 | $64M | $273M | Insight Partners |
| Payment Processing & Point of Sale | 4 Apr 2019 | $30M | not disclosed | not named |
| Stripe Payment Processing & Point of Sale | 26 Sep 2018 | $245M | $20.00B | Tiger Global and Sequoia Capital |
| Payment Processing & Point of Sale | 27 Sep 2018 | $25M | not disclosed | Goldman Sachs |
| PPRO Payment Processing & Point of Sale | 16 Jul 2018 | $50M | not disclosed | PayPal |
| Payment Processing & Point of Sale | 13 Aug 2019 | $20M | not disclosed | not named |
| Payment Processing & Point of Sale | 26 Aug 2019 | $2.0M | not disclosed | Pace Financial Group |
Questions
Frequently asked
How much did BillDesk raise in its Growth round?
BillDesk raised $300M in its Growth round, announced in Jan 2019.
Who led BillDesk's Growth round?
Visa led it.
What was BillDesk's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Payment Processing & Point of Sale?
12 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $51M, and this round was 5.9 times the median.
Did BillDesk raise again after this round?
Yes: a Growth round in Feb 2019 of $85M at $1.00B post-money.