1. FreeCharge
Snapdeal sees top-level exits after merger with Flipkart falls through

Snapdeal sees top-level exits after merger with Flipkart falls through

Disha Sharma 3 weeks ago
Online retailer Snapdeal witnessed a string of top-level exits on Tuesday after its much-anticipated merger deal with bigger rival Flipkart fell through. Snapdeal’s vice president...
Exclusive: Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June

Exclusive: Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June

Vijayakumar Pitchiah 3 weeks ago
Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, received $5.68 million (Rs 36.5 crore) from the e-tailer’s parent entity Jasper Infotech Pvt....
Did Axis Bank lap up FreeCharge for a song, or pay a tad too much?

Did Axis Bank lap up FreeCharge for a song, or pay a tad too much?

Arti Singh 3 weeks ago
India’s third-largest private-sector lender Axis Bank snapped up beleaguered digital wallet firm FreeCharge for $60 million (Rs 385 crore) last week. In the process, it...
How will FreeCharge deal benefit Axis Bank and Snapdeal?

How will FreeCharge deal benefit Axis Bank and Snapdeal?

Arti Singh and Joseph Rai 3 weeks ago
Snapdeal has sold its digital payments arm FreeCharge to Axis Bank for $60 million. Although this is just 15% of the amount it paid to...
The rapid rise and the stunning decline in FreeCharge’s fortunes

The rapid rise and the stunning decline in FreeCharge’s fortunes

Arti Singh 3 weeks ago
In April 2015, online retailer Snapdeal shelled out as much as $400 million for digital payments startup FreeCharge in what was then the biggest acquisition...
Axis Bank acquires FreeCharge for $60 mn

Axis Bank acquires FreeCharge for $60 mn

Arti Singh 3 weeks ago
Private-sector lender Axis Bank said on Thursday it has agreed to acquire e-commerce firm Snapdeal’s digital payments platform FreeCharge for about Rs 385 crore ($60...
Snapdeal board approves Flipkart’s $900 mn takeover offer

Snapdeal board approves Flipkart’s $900 mn takeover offer

Manu P Toms 4 weeks ago
E-commerce firm Snapdeal’s board has approved rival Flipkart’s revised takeover offer of around $900 million, people aware of the development told VCCircle. This sets the...
Can FreeCharge be the trump card for Amazon’s India play?

Can FreeCharge be the trump card for Amazon’s India play?

Binu Paul 4 weeks ago
Global e-commerce major Amazon.com Inc. has reportedly thrown its hat into the ring to snap up FreeCharge not only to ramp up its presence in...
Axis Bank may acquire wallet firm FreeCharge

Axis Bank may acquire wallet firm FreeCharge

Disha Sharma 1 month ago
Private sector bank Axis Bank has emerged as one of the key players in the race to acquire Snapdeal-owned payments firm FreeCharge, financial daily The...
MobiKwik scraps cashbacks; eyes acquisitions in lending space

MobiKwik scraps cashbacks; eyes acquisitions in lending space

Arti Singh 2 months ago
Giving part of the cash spent on transactions back to customers had so far been the most preferred approach for online retailers and mobile wallet...
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