Axis Bank acquires FreeCharge for Rs. 385 crore

Posted on:27 Jul 2017 16:23:05
Axis Bank acquires FreeCharge for Rs. 385 crore
27 July 2017 Current Affairs: Axis Bank announced the acquisition of Snapdeal-owned mobile payments provider Freecharge in an all-cash deal worth Rs385 crore.

It will get over 50 million customers of Freecharge along with its niche and patented technology and human resources.

FreeCharge started as a recharge deal coupons platform before turning into a full-scale mobile wallet.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 July

16 JULY
NEWS
15 JULY
NEWS
14 JULY
NEWS
13 JULY
NEWS

Current Affairs 2018 June

30 JUNE
NEWS
29 JUNE
NEWS
28 JUNE
NEWS
27 JUNE
NEWS

Current Affairs 2018 May

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
28 MAY
NEWS