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Dutch Prosus buys Indian online payments giant BillDesk for $4.7bn

Deal will involve merging with PayU, which is already present in 20 markets

Netherlands-based Prosus is buying Indian online payments company BillDesk. (Source photos by Reuters and screenshot from BillDesk's website)

MUMBAI -- Dutch technology company Prosus has struck a deal to buy leading Indian payment gateway BillDesk for $4.7 billion, expanding the presence of its payments business PayU in the thriving local fintech space.

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