India Digest: CCI clears PayU’s $4.7b BillDesk buy; FinAGG raises pre-Series A

The Competition Commission of India (CCI) has cleared PayU’s acquisition of payments gateway BillDesk. Separately, FinAGG Technologies, a fintech offering cashflow-based supply chain finance has raised $3 million in a pre-Series A round led by venture capital company BLinC Invest.