Bennett, Coleman and Co. Ltd (The Times of India Group) runs TimesofMoney Digital Payment solutions and have put it on sale. The investment bank UBS is working as an advisor to Bennett, Coleman and Co. Ltd (BCCL).
Timesofmoney has following bouquet of services:
- Remit2India:- It is a personalized remittance service
- Window2India:- It is an exclusive service for Non-Resident Indians.
- Remit2Home:- It is a a leading global money transfer service provider which is likely to become a leader in more than 80 countries.
- Times Card:- It is an entertainment credit card service which is probably first in India.
- DirecPay:- DirecPay is a unique payment gateway service in the e-commerce space of India and it has a lot of potential as it even acts as a payment gateway for Google in India.
Well, we are interested to buy the stake; however probably we will not be able to compete with Dubai-based Network International LCC, a payment solutions provider which has offered to buy TimesofMoney