Thursday, 27 July 2017

Snapdeal to Sale FreeCharge for Rs 385 - 400 Crore To Axis Bank!

Snapdeal to Sale FreeCharge for Rs 385 - 400 Crore crore To Axis Bank!

Key Points:
  • Axis Bank on Thursday announced that it will buy FreeCharge from Snapdeal
  • The deal has been sealed at Rs 385 crore
  • FreeCharge was in talks with Amazon as well


India's seventh-biggest lender by assets, on Thursday announced that it has agreed to buy mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs 385 crore ($60.04 million).
Source : TOI 

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