freecharge

Even if you are living in a cave, this news must have reached you: Snapdeal acquired Freecharge for an undisclosed sum; speculations are rife that the deal is in the range of $400-450 million, with stock and equity transfers. Last…

Finally, it’s confirmed. Snapdeal has acquired Freecharge. The rumours that have been around for couple of weeks now can be put to rest. Although, the financials of the deal have not been disclosed WSJ has quoted one person familiar with…

India’s leading mobile recharge platform Freecharge has raised USD 33 million (about INR 200 cr) from their existing investors Sequoia Capital along with new investors that include Belgium based Sofina and Russian investment firm ru-Net.…

The telecom industry in India is growing at a breakneck speed, and the majority of the contribution has come from the mobile segment, what with the fixed line phone business in India logging a negative growth in 2009-10. Going much deeper…