Freecharge claims it is doing 40K mobile recharges a day; plans new features, mobile apps

Freecharge.in, a recharge portal run by Mumbai-based Accelyst Solutions Pvt Ltd, claims to be doing 40,000 transactions a day. The recharges are largely for mobiles, followed by data cards and DTH. On an average, the site is doing Rs 60 lakh worth of recharge on a daily basis, which means Rs 219 cro...

Anand Rai

Snapdeal ties up with Rechargeitnow to launch mobile recharge service

E-commerce venture Snapdeal.com, run by Jasper Infotech Pvt Ltd, has recently introduced a mobile recharge service on its site. The new feature was added last month and the company tied up with the popular recharge site Rechargeitnow to facilitate it. “Around August 2011, we had introduced the mob...

Nandana Das

JustRechargeIt raises funding from Ladderup, others; To rebrand OTA Instareserve as JustReserveIt

Mumbai‐based JustRechargeIt (part of JRI Technologies Pvt Ltd) has raised an undisclosed funding, led by Ladderup Finance Ltd, a mid‐market‐ focused and independently owned boutique investment bank. A consortium of investors also took part in the funding round. The company also received undis...