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FREECHARGE


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OVERVIEW
Headquarters India
Description FreeCharge is an e-commerce website headquartered in Mumbai, Maharashtra that provides online facility to recharge any prepaid mobile phone, postpaid mobile, DTH & data card in India.

The website was started in August, 2010 by Kunal Shah of Accelyst Solutions Pvt. Ltd. In November 2012, the company claimed to be doing online recharge of INR 6 million on a daily basis, translating to INR 2.19 billion a year. It provides online facility to recharge any prepaid mobile phone in India. The amount paid by the user for recharge is returned in form of shopping coupons of some of the top retailers in India, thereby making the recharge virtually free. The first two retailers for which coupons were available were McDonald's and Barista. and were followed by other big retailers such as Cafe Coffee Day, Domino's Pizza, Crom?, Puma, Shoppers Stop and Jet Airways.

In 2011, FreeCharge was named one of the most promising technology startups from India by Pluggd.in.
Categories Business Tools , Payments / Remittances
Website https://www.freecharge.in/
Status ACTIVE


COMPANY DETAILS

Founded 2010
Employees 251 - 500 Employees
Email care@freecharge.com
Contact 91 22 4036 3031



FUND RAISED

DateAmountRoundInvestor
2011UNKNOWNSeedSequoia Capital
2012$3,000,000Series ASequoia Capital
2014$33,000,000Series BSequoia Capital, ru-Net, Sofina
2015$80,000,000Series CSequoia Capital, Sofina, ru-Net, Tybourne, Valiant Capital Partners
2017$32,000,000Series DSnapdeal
2017$3,500,000Series DSnapdeal


CURRENT TEAM

Sandeep Tandon

Kunal Shah


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