Mumbai
: French payment company Worldline has hired investment bank French KMT Paribas to explore potential sales of its Indian business.
The discussion is in its initial stages, with the transaction size likely to exceed $200 million, two people said anonymously.
The person added: “This sale is expected to be conducted through the auction process in a wide range of buyer pools, including strategic players in the Indian payment space.”
The exit plan was conducted in one world, which was to reorganize its global portfolio in the face of macroeconomic headwinds to restore investor confidence and restore growth and profitability.
Global declined to comment, and questions sent by email to BNP Paribas remained unanswered.
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In India, Worldline is a business-to-business payment solution that serves banks and large merchants. The company has offices in Mumbai, Hyderabad, Bangalore, New Delhi, Chennai and other cities.
According to the second person, Indian payment companies such as Razorpay and Payu can get scale from the acquisition business.
Turnover Plan
Pierre-Antoine Vacheron, the new global CEO, said in a report call last month that the company will exit its poor geographical location and segments to resume growth without sharing details.
“We need to be more selective given the investments needed to address innovation and compliance requirements. This means exiting from segments or geographical locations that are inherited from past acquisitions and considered non-core,” he said.
Founded in 1970, Worldline is a publicly listed solution provider for payment companies operating globally, including Europe, India, Japan and the United States. It launched its turnaround plan in February, focusing on tightening cost controls, pruning its portfolio and highlighting improvements in free cash flows.
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Worldline also appointed bank consultants to sell its mobility and electronic trading services (MTS) business, Reuters Reported in November. In December, Reuters The company is attracting early acquisition interest from private equity firms, including Bain Capital, the report said. However, Bain later denied evaluating the world line.
The company’s former CEO Gilles Grapinet resigned in September 2024 as it issued its third profit warning in a year. Vachelon was later appointed CEO to take effect on March 1.
In the March 2025 quarter, world revenue was 1.068 million euros, down 2.3% year-on-year. It reported growth in 2024, with revenue of €4.632 billion, up 0.5% year-on-year and net loss of €297 million. It follows the calendar year as a fiscal year.
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