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FreeCharge

Freecharge: A Timeline of Acquisitions in India's Fintech Sector Freecharge, a Gurgaon-based financial services company, carved a niche in India's burgeoning digital payments landscape. Its platform facilitated convenient online bill payments encompassing electricity, gas, telephone, mobile, broadba...

FreeCharge Overview

FreeCharge Image Source : Wikipedia
  • Company type Subsidiary
  • Industry Internet
  • Founded August 2010
  • Founders Kunal Shah, Sandeep Tandon
  • Headquarters Gurugram, Haryana India
  • Area served India
  • Key people Sumit Bhatnagar (CEO)
  • Services Rechar ges, Bill Payments, UPI Money Transfers, Deals, Gift Cards, Mutual Funds
  • Revenue ₹465 crore (US$53 million) (2024)
  • Net income ₹78 crore (US$8.9 million) (2024)
  • Parent Axis Bank
  • Website www.freecharge.in

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FreeCharge history

Last Updated : 28/03/25, 03:22 AM
Freecharge: A Timeline of Acquisitions and Growth Founded in 2010 by Kunal Shah and Sandeep Tandon, Freecharge quickly secured significant funding from Sequoia Capital and other investors. Early success saw daily online recharge transactions reaching ₹6 million by 2012, earning recognition as ...

FREECHARGE NEWS

Snapdeal board likely to discuss Flipkart merger today

May 02, 2017 4:33 pm

The board of Snapdeal is expected to meet today to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.

FreeCharge partners with IRCTC to launch e-cash payments for reservations

November 21, 2016 7:25 pm

FreeCharge has announced a partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to provide digital payments for online ticket bookings.

FreeCharge sees 15% growth in monthly transactions

June 12, 2016 1:28 pm

The company targets to have 5 million merchants by next 18 months

Freecharge is the fastest growing digital payments app: Nielsen

May 30, 2016 2:25 pm

The average time spent by a user on the Freecharge app increased to 55 minutes/ month over seven months, reveals Nielsen report.

FreeCharge announces partnership with BMC to enable digital payments to e-rickshaw drivers

April 06, 2016 11:53 am

FreeCharge has announced its partnership with Bhartiya Micro Credit (BMC), an NGO that provides financial aid for e-rickshaws.

FreeCharge’s ‘Chat and Pay’ feature is first step towards taking online payments offline

April 04, 2016 3:51 pm

FreeCharge is trying to merge the messaging and payments space with a new ‘Chat and Pay’ feature in its app. Here's how it works.

Valentine's Day: FreeCharge announces 'Go Shopping Fest'

February 11, 2016 2:21 pm

FreeCharge has announced its 'FreeCharge Go Shopping Fest' (FGSF) as a part of Valentine's Day offers.

FreeCharge introduces online electricity bill payment option on its website

August 17, 2015 6:40 pm

Freecharge introduces online utility bill payment option on its website

Snapdeal proposes to Freecharge in cute Twitter union

April 09, 2015 10:52 am

It was an unconventional and novel way of declaring their love for each other.

Snapdeal buys mobile transaction platform FreeCharge

April 09, 2015 1:32 am

Founded in 2010, FreeCharge, with 20 million registered users, has raised $113 million so far from investors

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