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Meta to invest $900 million in Cred; founder Kunal Shah appointed WhatsApp global CEOFintech giant Cred has secured a significant Rs 8,550 crore funding round, led by Meta, valuing the company at $4.5 billion. As part of the...
Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsAppKunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED ...
You will be astonished to know Kunal Shah’s salary at Cred, find out hereCred co-founder and CEO Kunal Shah gets a monthly salary of Rs 15,000 only from the fintech startup.
Jasper’s revenue down 38% in FY17The company, whose founders fought a bruising battle last year with its investors as well as Flipkart to avoid being acquired by the rival ...
Snapdeal board clears the decks for sale of FreeCharge to Axis BankThe proposed deal will value FreeCharge at Rs 385-Rs 390cr, a steep plunge from the Rs 2,400cr that Jasper Infotech paid to acquire the com...
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...
Paytm signs non-exclusive term sheet to acquire FreeChargeVijay Shekhar Sharma-led Paytm is in advanced stages of discussions to raise up to $1.9 billion in fresh funding from Japan’s Soft-Bank tha...
Two more top executives quit Snapdeal as it struggles to find fundingSnapdeal has been in talks recently with existing investor SoftBank to raise money at a valuation of $3-4 billion, according to people awar...
Digital entertainment startup Pocket Aces raises Rs 20 crThe company has already built a subscriber base of over 1.85 million across its online platforms called Dice (web series, sketches), Filter...
When Kunal Bahl had the best response for rumour mills about SnapdealAfter rumours about Snapdeal refused to shut down, this co-founder took to Twitter to respond.
Freecharge partners with ICICI Merchant Services"ICICI Merchant Services enables businesses across India to securely and conveniently accept electronic payments through its secure and adv...
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 Karthik Rajeshwaran as its director of strategyFreecharge, which competes with Alibaba Group Paytm and Mobikwik, amongst others, has said it is targeting gross merchandise transaction of...
Freecharge CEO Govind Rajan eyes 7 million daily transactionsRajan joined Snapdeal in July last year, as its chief strategy officer, but was almost immediately tasked with running the day-to-day opera...
During IPL 9, ad spend may race to Rs 1,200 croreThe controversies that have bedevilled the Indian Premier League don’t seem to have dented its value as an advertising property.
How Snapdeal is determined to go where most ecommerce giants like Flipkart have never beenThe online marketplace is in a hurry to grow — online and offline — as well as to get into the black. Here’s how its founders plan to do it.
Jugnoo partners PNB, Piaggio for easy auto financeThe new financing offer will be rolled out in Chandigarh, Jaipur, Gurgaon and Indore in the first phase, it added.
Jugnoo partners Punjab National Bank, Piaggio for easy auto financeThe new financing offer will be rolled out in Chandigarh, Jaipur, Gurgaon and Indore in the first phase, it added.
Freecharge raises Rs 200 crore to build up its transactional advertising offeringsThe company is using user insights to build new ad models. It recently partnered with Britannia and Pepsi where consumers buying a product ...