Freecharge

Acquired

Recharge, Pay Bills & UPI

Gurugram, India · Founded 2010 · $116.7M raised

Headquarters
Gurugram
Employees
201–500
Founded
2010
Business Model
B2B2C
Total Funding
$116.7M
Last Round
Venture RoundJan 2017
Rounds
5
Acquired by
SnapDealApr 2015 · $400.0M

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Freecharge is an Indian fintech platform founded in 2010 by Kunal Shah and Sandeep Tandon, headquartered in Gurugram. Originally a mobile recharge and bill payments app, it was acquired by Snapdeal in 2015 and later by Axis Bank in 2017. Now operating as a 100% subsidiary of Axis Bank, it provides UPI payments, payment gateway, and utility bill payment services.

Summary

Freecharge is a Fintech company based in Gurugram, India, founded in 2010. It has raised $116.7M in total across 5 rounds, most recently a Venture Round in Jan 2017. Investors include Sequoia Capital, Valiant Capital Partners and Tybourne Capital Management.

Tech & App Stack

6 technologies & apps tracked

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Funding & Exit History

Venture RoundVenture RoundJan 2017

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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