Business Standard

Newsmakers: Meet BillDesk founders MN Srinivasu, A Kaushal & K Ganapathy

In a span of a day M N Srinivasu (Vasu), Ajay Kaushal and Karthik Ganapathy have become the latest demi-gods of Indian entrepreneurial story

BillDesk —founded by (from left) M N Srinivasu, Karthik Ganapathy, and Ajay Kaushal — was acquired for $4.7 billion by PayU in one of the largest deals in the payments industry
Premium

BillDesk —founded by (from left) M N Srinivasu, Karthik Ganapathy, and Ajay Kaushal — was acquired for $4.7 billion by PayU in one of the largest deals in the payments industry

Shivani Shinde
In a span of a day M N Srinivasu (Vasu), Ajay Kaushal and Karthik Ganapathy have become the latest demi-gods of Indian entrepreneurial story. Their company, BillDesk, founded in 2000, was acquired for $4.7 billion by PayU in one of the largest deals that the payments industry has seen.
 
BillDesk is a well-known payment gateway and is the largest in the utilities bill payment segment, but finding details of founders who started this company is just the opposite.
 
Just as the story of BillDesk is different from the current set of payments players, the story of these founders

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in