Axis Bank acquires mobile payment firm Freecharge for Rs. 385 crore

Axis Bank has agreed to acquire mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs. 385 crore. The latest deal comes just a day after Snapdeal board approved Flipkart’s $900- $950 million buyout offer. Happy to announce the partnership between Axis Bank and Freecharge. A great institution taking a fantastic business ahead! Kudos to … Continue reading "Axis Bank acquires mobile payment firm Freecharge for Rs. 385 crore"

Read Here»