Freecharge

Flipkart-owned PhonePe digital wallet ties up with rival FreeCharge; lets customers link their existing wallets on both platforms

According to the deal terms, PhonePe has now enabled its over 45 million users to link their existing FreeCharge wallets to the PhonePe app

Reliance Energy becomes the first utility to link up with UPI-based payment platform Google Tez

Customers can now download the Google Tez app and identify their bank account through their registered phone banking mobile number

Reliance Energy announces daily lucky draw of cashbacks for consumers paying power bills via Paytm

The offer, in line with the company's commitment to the 'Digital India' initiative, can be availed by using promo code REL1000 to pay bills through Paytm.

MobiKwik looking to raising $100 in funding this year as it heads towards expansion

Mobile wallet companies like Paytm and MobiKwik have witnessed significant growth in number of users as well as volume of transactions on their platforms.

Full text: Snapdeal's Kunal Bahl, Rohit Bansal tell staff 'new path' already profitable at gross level

It is time to focus on the business and leverage all our strengths to progress towards our vision of building the best marketplace, Snapdeal's Kunal Bahl and Rohit Bansal said in the letter

Snapdeal 2.0 can log Rs 150-cr gross profit in 12 months, says co-founder Kunal Bahl

Through Snapdeal 2.0, the company wants to enable anyone to set up a store online in a few minutes

Snapdeal confirms sellout talks with Flipkart end, says it will 'pursue independent path'

Snapdeal's largest investor, SoftBank had been proactively mediating the talks for the sale

Flipkart's Snapdeal acquisition plan hits a roadblock after six months of hard negotiations

The founders (Kunal Bahl and Rohit Bansal) and shareholders have not yet agreed on the terms of the deal

Axis Bank agrees to acquire full stake in FreeCharge from Snapdeal

Axis Bank has entered into an agreement with Jasper Infotech Private Limited to acquire full stake in the "FreeCharge" brand, a company statement said.

Axis Bank set to buy Freecharge from Snapdeal for about Rs 400 cr, announcement likely today

Snapdeal is also looking at selling its e-commerce business and has been engaged in discussions with larger rival Flipkart for the past few months.