Snapdeal acquires mobile recharge service FreeCharge

Following acquisition rumors since last month, Snapdeal has officially scooped up popular mobile payment service FreeCharge. Both the companies did not disclose the financial details of the deal but one person familiar with the deal said the acquisition cost is $450 million paid through a mix of cash and equity.

Snapdeal-Acquires-FreeCharge- Continue reading “Snapdeal acquires mobile recharge service FreeCharge”