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FREECHARGE ACQUISITION
Kunal Shah net worth and his inCREDible journey to Meta's WhatsAppKunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's...- 'Kunal Shah won't even get a fresher job at TCS or Infosys': Founder highlights flaws in corporate hiring practicesKunal Shah, the visionary behind CRED and FreeCharge, has been appointed global head of WhatsApp at Meta. His remarkable ascent, despite la...
- Talent twist: Silicon Valley's India story takes an unexpected turnThe prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increas...
- Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbookSilicon Valley's AI talent war saw tech giants acquire engineers. However, Meta's Mark Zuckerberg broke the mold by investing $900 million ...
- ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...
- Axis Bank acquires FreeCharge for Rs 385 croreThe nearly $60 million deal is a significant drop from the $400 million that Snapdeal had acquired FreeCharge for in 2015.
- Axis Bank to acquire FreeCharge; shares riseThe acquisition of FreeCharge business would give Axis Bank access to about 52 million mobile wallet holders of FreeCharge as well as about...
- Amazon offers $70-$80 million for FreeChargeDevelopment comes on the heels of Axis Bank emerging as one of the frontrunners to buy Snapdeal's digital payments platform.
- Axis Bank emerges the frontrunner to acquire FreeChargeFreeCharge was acquired by Jasper in 2015 in a deal estimated at $400-450 mn in what was then the largest acquisition in the Indian startup...
- FreeCharge hands over two-year on-ground sponsorship rights of IPL to Future GroupThe decision comes less than two years after the Bengaluru-based company had acquired the sponsorship rights and said it would spend more t...
- Freecharge plans to acquire 1 million merchants for digital payments over the next 12 monthsThe new feature that FreeCharge has rolled out nationally is "on the go pin", which allows a user to complete a transaction even if there i...
- FreeCharge names Airtel Money finance head Anshul Kheterpal as its CFO“I am excited to join FreeCharge at a time when the payments industry is abuzz with new ways of creating digital transaction processes for ...
- FreeCharge to spend Rs 2,000 crore on promotions, cashbacksThe company, which has partnered five merchants for enabling users to make gas bill payments through its platform, is also aggressively tap...
- Snapdeal in talks with investors to raise Rs 2,000 crore for its digital services platform FreeChargeFreeCharge’s parent Accelyst Solutions was bought by Jasper in April for $450 million in the biggest deal involving Indian startups.
- FreeCharge to invest Rs 1,000 crore on marketing, promotions this yearFreeCharge, which had launched its mobile wallet last month in partnership with private sector lender Yes Bank, has two million users of th...
- FreeCharge launches digital walletIn April, e-commerce major Snapdeal had acquired FreeCharge in a 'cash and stock' deal, marking "one of the largest acquisitions" in the In...
- Alok Goyal steps down as FreeCharge CEO, founder Kunal Shah to take overSnapdeal bought FreeCharge for $450 million (over Rs 2,800 crore) in India’s largest startup acquisition deal yet.
- How Snapdeal's Kunal Bahl and FreeCharge founder Kunal Shah collaborated for digital commerce platformDoes it make sense for anyone to go out of their house and do recharge offline, points Kunal Bahl while discussing "most impactful digital ...
- Snapdeal buys Freecharge in biggest startup M&AThe company did not disclose the deal size, which according to sources could be over $400 million (Rs 2,500 crore) in cash and stock.
- FreeCharge acquires offline app store PreburnMumbai-based FreeCharge, which is backed by Sequoia Capital, last month acquired social wishlist site Wishberg, wherein the startup shutdow...
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