Home > Archive by tag 'Freecharge'

Posts Tagged ‘ Freecharge ’

Will abundant cash supply spoil the m-wallet party?

Thursday, February 9, 2017 | More »

In U-turn, NPCI tells PhonePe to adhere to UPI norms
Without a doubt, digital wallets have been the biggest beneficiary of Prime Minister Narendra Modi’s November move to scrap high-value banknotes. The resultant cash crunch brought thousands of borderline and non-users into the ecosystem, something that would have otherwise taken a few quarters...

PhonePe

Flipkart-owned PhonePe in talks with PayPal to raise funds

Flipkart-owned PhonePe is in talks to raise a significant amount of funding independently at a valuation of about $500 million as strategic investors line up for a slice of India’s booming e-payments market, a national daily reported on Wednesday, citing people aware of the development. A repo...

8 February, 2017 | More »

E-wallets

E-wallets may soon have to insure customers’ money

The government is looking to introduce insurance for transactions done through e-wallets, and it has held three meetings with insurers and mobile wallet companies in this regard, a media report said on Monday. Through new regulations, the government hopes to make it mandatory for mobile wallets to i...

30 January, 2017 | More »

In U-turn, NPCI tells PhonePe to adhere to UPI norms

FreeCharge rolls out Google Play recharge codes on app, website

Mobile wallet firm FreeCharge said on Wednesday that users can now purchase Google Play recharge codes on its app and website. The codes can then be redeemed on the Google Play Store to buy digital content like movies, games, e-books, Android apps etc., the company said in a media release. Users fir...

25 January, 2017 | More »

snapdeal22

Snapdeal in talks with Softbank to raise funds at lower valuation

E-commerce marketplace Snapdeal is in talks with its investor Softbank Group to raise fresh funds at a lower valuation. The e-commerce firm had raised its last funding round at a valuation of $6.5 billion, a report by Mint newspaper said on Wednesday, citing unnamed sources. Snapdeal and SoftBank ha...

25 January, 2017 | More »

N Chandrasekaran

Chandrasekarans in startup world: It’s resolve, not the IIT-IIM tag, that matters

The elevation of Tata lifer N Chandrasekaran as chairman of India’s most revered corporate group—the $103-billion salt-to-software conglomerate Tata Sons—begs the much-debated question: Does one’s college pedigree matter? Corner offices at top business houses, both in India and abroa...

13 January, 2017 | More »

Freecharge-Investment_Shah-Junaid

FreeCharge partners Indus OS for direct integration, eyes 6 mn user base

Mobile wallet firm FreeCharge has partnered with Indus OS, India’s second most popular mobile operating system, for direct integration on smartphones using the platform. With the move, FreeCharge expects to tap the 6 million-plus existing Indus OS user base and new users of Indus OS powered-de...

12 January, 2017 | More »

Freecharge-Investment_Shah-Junaid2

FreeCharge receives $57 mn from Snapdeal

Jasper Infotech Pvt Ltd, which runs e-commerce firm Snapdeal, has put in close to Rs 390 crore ($57 million) in FreeCharge, filings with the Registrar of Companies (RoC) show. As FreeCharge is in the process of raising its next external round of funding, Snapdeal’s digital payments arm has inc...

9 January, 2017 | More »

For-Digital-Wallet-Story-TC_ThinkstockPhotos-535412474

Will digital wallets survive the UPI onslaught?

In the last two months that demonetisation has dominated dinner-table conversations, digital wallet Paytm has had a dream run, clocking unprecedented numbers. TechCircle recently reported that Hero Corporate Services chairman Sunil Munjal was reportedly looking to buy a stake in the digital wallet f...

6 January, 2017 | More »

Untitled-4

Flashback 2016: The top angel investors in India

Dheeraj Jain, managing partner at London-based investment firm Redcliffe Capital, and former Snapdeal product head Anand Chandrasekaran were among India’s top angel investors this year by number of deals they disclosed. Both investors have backed more companies this year than last. Jain closed 23 ...

27 December, 2016 | More »

Page 1 of 712345...Last »