Axis Bank buys FreeCharge from Snapdeal for Rs385 crore
The FreeCharge acquisition from Snapdeal gives Axis Bank to the mobile wallet's 54 million customers, fintech setup and human resources
Mumbai: Axis Bank Ltd on Thursday announced the acquisition of Snapdeal-owned mobile wallet FreeCharge in a Rs385 crore all-cash deal, strengthening its position in the payments space.
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