Freecharge

Kishore Biyani-led Future Group is in initial stage of discussions to buy Snapdeal’s logistics arm — Vulcan Express — for about Rs 50 crore as the former looks to strengthen its supply chain business, according to multiple sources close...

Japan's SoftBank has secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India's largest e-commerce firm, Flipkart, sources told PTI. According to a PTI report: SoftBank -- the largest shareholder in Snapdeal -- had...

Japan's SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus Venture Partners (NVP) for selling Snapdeal to India's largest e-commerce firm Flipkart. A meeting was held on Wednesday and the impasse over...

The board of Snapdeal is expected to meet on Tuesday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart. Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in...

FreeCharge, one of India’s leading digital payments platform will now enable e-wallet payments across leading outlets with Arvind Lifestyle Brands, one of India's largest and leading lifestyle brands. The partnership will enable FreeCharge to increase focus on offline digital...

FreeCharge, India’s leading digital payments platform has announced the promotion of Ankit Khanna to Chief Operating Officer of the company. As a part of his expanded role, Khanna will be managing Product, User Growth, User Experience and Business Development...

Snapdeal, one of India’s largest e-commerce companies, has announced the appointment of Jason Kothari as the Chief Executive Officer of FreeCharge and a commitment to invest an additional US $20 million in the company. FreeCharge takes pride in being the...

Amidst increasing digital payments push and awareness among consumers, FreeCharge has announced that it is witnessing a major chunk of its transactions coming through online partners. Nearly 20 per cent of the wallet transactions happening on the platform are on...

SoftBank-backed Snapdeal will lay off around 600 people across its e-commerce, logistics and payments operations over the next few days. According to sources close to PTI, the company started the process last week and will lay off 500-600 people across...

Freecharge CEO Govind Rajan has resigned within a year of taking charge at the Snapdeal subsidiary. Going forward Jason Kothari will oversee the business operations of FreeCharge as part of his overall responsibilities of portfolio management as the Chief Strategy...