New Delhi | 6th March 2026: Shardul Amarchand Mangaldas & Co. (“SAM”) acted as legal counsel to IndiaIdeas.com Limited (Billdesk) in connection with its proposed acquisition of 100% equity stake in Worldline ePayments India Private Limited and Worldline India Private Limited from their existing shareholders. Closing of the transaction is subject to completion of conditions precedent as set out in the share purchase agreement.
The transaction will strengthen Billdesk’s end-to-end digital payments capabilities and expand its merchant acquiring and enterprise payment solutions footprint in India. SAM advised Billdesk on all aspects of the transaction, including legal due diligence on the target companies, structuring and negotiating transaction documentation, W&I insurance policy matters, and providing legal and regulatory advice in relation to the acquisition.
The Transaction team was led by Raghubir Menon, Regional Practice Head — M&A and Private Equity, General Corporate; Natashaa S Shroff, Partner; and Shiladitya Banerjee, Partner, along with Vardhman Mehta, Principal Associate; Kriti Saraswat, Senior Associate; Aakarsh Nashier, Senior Associate; and Devangana Mandal, Senior Associate.
The Tax team was led by Gouri Puri, Partner, and Rahul Yadav, Partner, along with Nimish Malpani, Principal Associate; and Tushar Kumar, Associate. The Competition team was led by Manika Brar, Partner, and Radhika Seth, Partner, along with Saii Siingh, Associate. The Due Diligence team was led by Shiladitya Banerjee, Partner, along with Vardhman Mehta, Principal Associate; Kriti Saraswat, Senior Associate; Devangana Mandal, Senior Associate; Vedika Walia, Senior Associate; Srobona Ghosh Dastidar, Associate; Adwaita Bhattacharyya, Associate; and Gunjan Srivastava, Associate. The Intellectual Property team consisted of Leoni Mahanta, Principal Associate and Garima Tripathi, Associate. The Information Technology team was led by Kirti Mahapatra, Partner, along with Malikah Mehra, Associate; and Raja Rajasekar, Associate.