Tag Archives: FreeCharge

Top 20 Transactions Deals for February 2015

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
2$350,000,000Ele.meTencent, Sequoia CapitalTransactionsInvestment
3$324,510,900Delivery HeroUndisclosedTransactionsInvestment
4$280,000,000Travelocity ExpediaTransactionsAcquisition
7$200,000,000Social Finance ConsortiumTransactionsInvestment
8$171,117,750Talabat.comRocket InternetTransactionsAcquisition
10$126,000,000HelloFreshRocket Internet, Insight Venture PartnersTransactionsInvestment
11$117,000,000Taboola ConsortiumTransactionsInvestment
12$100,000,000WorldRemit Technology Crossover Ventures, Accel PartnersTransactionsInvestment
15$70,000,000Glassdoor ConsortiumTransactionsInvestment
16$65,000,000Porch.com ConsortiumTransactionsInvestment
17$60,000,000Betterment ConsortiumTransactionsInvestment
19$50,000,000Bill.com ConsortiumTransactionsInvestment
20$40,000,000ClassPass General Catalyst, Thrive CapitalTransactionsInvestment

More information

  1. Uber Expands Funding Round by $1 Billion (CNBC)
  2. Food Delivery Service Ele.me Raises $350M From Tencent, Sequoia Capital (TechCrunch)
  3. Delivery Hero Raises €287M in Financing (FinSMEs)
  4. Expedia Inc acquires Travelocity in $280 million deal (Reuters)
  5. Lyft Seeks To Raise Another $250 Million At A $2 Billion Valuation (TechCrunch)
  6. Instacart Closes $220M Series C Financing (FinSMEs)
  7. Social Finance Raises $200M in Series D Funding (FinSMEs)
  8. Rocket Internet Acquires Talabat.com for €150M (FinSMEs)
  9. Yelp Acquires Eat24 for $134M (FinSMEs)
  10. HelloFresh Raises $126M in Funding (FinSMEs)
  11. Taboola Completes $117M Series E Funding (FinSMEs)
  12. WorldRemit Raises $100M Funding (FinSMEs)
  13. India’s FreeCharge, Which Gives Users Coupons When They Pay Bills, Raises $80M Series C (TechCrunch)
  14. Coinbase Raises $75M in Series C Financing (FinSMEs)
  15. Glassdoor Raises $70M in Financing (FinSMEs)
  16. Porch.com Raises over $65M in Funding (FinSMEs)
  17. Betterment Raises $60M in Funding (FinSMEs)
  18. TransferWise Raises $58M in Series C Funding (FinSMEs)
  19. Bill.com Secures $50M in Funding (FinSMEs)
  20. ClassPass Raises $40M in Series B Funding (FinSMEs)

Top 20 Asia & Pacific Deals for February 2015

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
1$600,000,000Kuaidi DacheConsortiumMobile & AppsInvestment
2$590,000,000Meizu Alibaba Group Holding LimitedHardware & InfrastructureInvestment
3$350,000,000Ele.meTencent, Sequoia CapitalTransactionsInvestment
4$161,000,000Wanda E-commerceCentec Networks, Xude RendaoEcommerceInvestment
5$140,000,000XeroAccel Partners, Matrix Capital ManagementSoftware & ServicesInvestment
7$100,000,000APUS Group ConsortiumMobile & AppsInvestment
8$100,000,000YmatouSailing Capital InternationalEcommerceInvestment
10$56,000,000AntuitGoldman Sachs, Zodius CapitalSoftware & ServicesInvestment
11$36,000,000MetapsUndisclosedMobile & AppsInvestment
12$30,000,000PractoSequoia Capital, Matrix PartnersTransactionsInvestment
14$25,000,000Carmudi ConsortiumTransactionsInvestment
15$20,000,000Lizhi.FMConsortiumMobile & AppsInvestment
17$14,800,000Muse & Co.MixiEcommerceAcquisition
18$13,000,000Capital Float ConsortiumTransactionsInvestment
19$10,000,000Lalamove ConsortiumTransactionsInvestment
20$7,769,500IconTechnologyOneSoftware & ServicesAcquisition

More information

  1. KuaiDi Dache Raises US$600M in Funding (FinSMEs)
  2. Meizu Receives US$590M Minority Investment from Alibaba (FinSMEs)
  3. Food Delivery Service Ele.me Raises $350M From Tencent, Sequoia Capital (TechCrunch)
  4. Wanda E-commerce Raises $161M in Funding (FinSMEs)
  5. Xero raises $140 million to fund US and UK growth (StartupSmart)
  6. Capital Today, New Horizon Lead $100M Series C In Beibei.Com (China Money Network)
  7. APUS Group Raises $100M in Series B Financing (FinSMEs)
  8. Cross-border Shopping Site Ymatou Pockets US$100M Series B Funding (TechNode)
  9. India’s FreeCharge, Which Gives Users Coupons When They Pay Bills, Raises $80M Series C (TechCrunch)
  10. Antuit Secured up to $56M (FinSMEs)
  11. Metaps Completes $36M Series C Financing (FinSMEs)
  12. Practo Closes $30M Series B Funding (FinSMEs)
  13. Brainbees Solutions Raises $26M in Series D Funding (FinSMEs)
  14. Rocket Internet-Backed Car Listings Site Carmudi Raises $25M To Fuel Growth In Asia And Mexico (TechCrunch)
  15. Xiaomi, Shunwei, Matrix In $20M Series C For Lizhi.FM (China Money Network)
  16. India’s Stayzilla Raises $20M For Its Hybrid Hotel/Airbnb-Like Booking Service (TechCrunch)
  17. Not satisfied with Monster Strike, Mixi acquires Japanese fashion startup (Tech In Asia)
  18. Capital Float Raises $13M in Series A Funding (FinSMEs)
  19. Lalamove Raises $10M in Funding (FinSMEs)
  20. TechnologyOne acquires Icon for AUD 10 mln (Telecompaper)

India’s FreeCharge Raises $33M Series B


Consumers love getting free items and FreeCharge, India’s number one online recharge app, knows this all too well. What makes FreeCharge tick is their clever business model, rewarding users post purchase. The website allows prepaid mobile phone users to recharge their phones and pay utility bills online. The amount paid by the user is given back in the form of freebies and special offers from merchants like McDonalds, CCD, Costa Coffee and others. The site has become so popular in India that investors have now come to the party. In 2011, the company received seed funding from Sequoia Capital, followed by a Series A in 2012.

Today, FreeCharge raised $33M Series B funding again from Sequoia Capital, as well as Sofine and RuNet. Read about the story here.