Paytm reportedly signs a deal to acquire rival FreeCharge

Paytm has signed a non-exclusive term sheet to acquire rival wallet player FreeCharge, according to a latest report from the Economic Times. The digital wallet company is said to buy FreeCharge in an all-cash deal from Snapdeal. The deal is pegged at $45 million to $90 million. The report further added that Paytm will be conducting its due diligence … Continue reading "Paytm reportedly signs a deal to acquire rival FreeCharge"

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