General Atlantic, Temasek, others stand to gain atleast $1.33b from BillDesk stake sale

General Atlantic, Temasek, others stand to gain atleast $1.33b from BillDesk stake sale

M.N. Srinivasu, co-founder of BillDesk.. Photo: Bloomberg

MN Srinivasu, Ajay Kaushal, and Karthik Ganapathy were colleagues at consulting firm Arthur Andersen when they set out to found BillDesk as an online payments bridge between banks, consumers, and vendors in 2000. Twenty-one years later, they will together walk away with $1.44 billion in exchange for their collective 30.84% stake in the business.

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