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Three IIM graduates make ₹3,500 crore each selling payment startup

  • calendar 02-Sep-2021
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Three IIM graduates make ₹3,500 crore each selling payment startup

When three consultants from Arthur Andersen LLP set out to build a digital payments company at the turn of the millennium, the first institutional backer they found was an Indian state-run lender. This week Prosus NV bought BillDesk for $4.7 billion, netting the trio half-a-billion dollars each for their combined 31% stake.

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