Indian Trio Reap $500 Million Each Selling Payments 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.