facebook-page-view
Advertisement

How will FreeCharge deal benefit Axis Bank and Snapdeal?

By Arti SinghJoseph Rai

  • 28 Jul 2017

Snapdeal has sold its digital payments arm FreeCharge to Axis Bank for $60 million. Although this is just 15% of the amount it paid to buy FreeCharge in 2015, the sale will help Snapdeal focus on a bigger transaction—its own sale. For Axis Bank, FreeCharge provides a ready platform to boost its digital business. Watch the video to know more.

Like this video? Sign up for our daily newsletter to get our top reports & videos.

Advertisement

Share article on

Advertisement
Advertisement