Freecharge

Freecharge, is a financial services company based in Gurugram, Haryana, India. Freecharge services are used for savings, payments, insurance, investment and lending. Freecharge consumers can pay utility bills (Electricity, Gas), pay Landline bills or recharge Mobile, Broadband, DTH and Metro cards. In addition, Freecharge powered by Axis Bank enables the users to invest in mutual funds and get easy credit through Freecharge EMI. 
On 8 April 2015, Snapdeal acquired Freecharge in what is being referred to as the second biggest take over in the Indian e-commerce sector so far, after the buy out of Ibibo by rival MakeMyTrip, and the biggest venture capital exit in India to date. The deal was for approximately US$400 million as cash and stock. On 27 July 2017, Axis Bank acquired Freecharge for $60 million.
History.
Freecharge was started in August 2010 by Kunal Shah and Sandeep Tandon. After getting seed funding of an undisclosed amount from Tandon Group and Sequoia Capital in 2010, the company secured Series A funding of ₹200 million from Sequoia Capital in 2011. In November 2012, the company claimed to be doing online recharge of ₹6 million on a daily basis, translating to ₹2.19 billion a year.
In 2011, Freecharge was named one of the most promising technology startups from India by Pluggd.in.
On 1 September 2014, Freecharge received $33 Million Series B Funding from Sequoia Capital, Sofina and Ru-Net, which was one of the biggest fund raising by an Indian technology startup. On 6 February 2015, Freecharge further raised $80 Million from Hong Kong-based fund Tybourne Capital Management and SF-based fund Valiant Capital Management and existing investors. Freecharge is building an advertising platform that will capture online and offline purchase behavior and brand preferences of consumers, by offering incentives and discount coupons to users to transact on its platform.
On 8 April 2015, Indian e-commerce firm Snapdeal acquired Freecharge for ₹2800 crore (US$400 million) in cash and stock. In March 2017, Snapdeal announced Jason Kothari will be the new CEO of Freecharge. Snapdeal decided to invest $20 million into the same.
April 2016, FreeCharge rolls out Chat and Pay – feature in its app where merchants and customers can connect over chat and just initiate payments. 
On 18 May 2017, Jasper Infotech, which owns and operates Freecharge, decided to invest ₹22 Crore more in the company, making it its third such investment.
On 27 July 2017, it was officially reported that Axis Bank bought out Freecharge for $60 million
March22 2017, FreeCharge names Ankit Khanna as COO, Prior to this, Khanna was the chief product officer of the company.
March30 2018, FreeCharge enables BHIM UPI on its Digital Wallet platform. 
On 27 August 2019, Freecharge launched Digital Credit Cards.