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FreeCharge

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Founded

2010

HQ

India

APAC

Industry Segment

Mobile & digital wallets

Company Status

Operating

Description

FreeCharge is used to make prepaid, postpaid, DTH, metro recharge and utility bill payments for numerous service providers. The company launched 'Freecharge Wallet' in September 2015 and customers are using it to pay across all major online platforms and offline stores like Shoppers Stop, McDonalds, Cinepolis, HomeStop, Crosswords, Hypercity and even for E-Rickshaws. Freecharge is on a mission to get millions of merchants both in organised and unorganised sector to be a part of the digital payments ecosystem. Their Chat-n-Pay service is all about social payments. It is an engaging and secure way for customers to seamlessly Chat-n-Pay to friends, family, and merchants in less than 5 seconds. Key investors include Sequoia Capital, Sofina, ruNet, Tybourne Capital Management, InnoVen Capital. Founded by Kunal Shah in 2010. Freecharge was acquired by Snapdeal in 2016.

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FreeCharge

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FreeCharge

FreeCharge

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