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Freecharge in

Freecharge.in is an online mobile recharge site that provides prepaid mobile recharges for major Indian carriers. It offers recharges for free by providing retail coupons of equal or greater value than the recharge amount that can be redeemed at partner restaurants and stores. Freecharge was founded in 2010 and has partnered with over 50 retailers to offer coupons to its over 1.5 million customers in exchange for mobile recharges.

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Vidwaita Sachan
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211 views

Freecharge in

Freecharge.in is an online mobile recharge site that provides prepaid mobile recharges for major Indian carriers. It offers recharges for free by providing retail coupons of equal or greater value than the recharge amount that can be redeemed at partner restaurants and stores. Freecharge was founded in 2010 and has partnered with over 50 retailers to offer coupons to its over 1.5 million customers in exchange for mobile recharges.

Uploaded by

Vidwaita Sachan
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Freecharge.

in
Freecharge.in is an online mobile recharge site which provides prepaid mobile recharge for most Indian telecom service providers including Vodafone, Airtel, Loop, Reliance, Idea, DOCOMO, Tata Indicom, S-Tel, Aircel, BSNL. Freecharge also provide recharge for DTH TV and data card for internet services.

Mobile recharge made FREE


Recharge is free as you get additional retail coupons, against every recharge, which can be redeemed at respective restaurants and retail outlets. For example, if you recharged your mobile for Rs.100, you get coupons worth Rs.100 instantly via email or within 7 business days to your home address via courier. These retail coupons are issued for free. Though, a handling charge of Rs.10 will apply.

Freecharge.in
Freecharge.in is run by Mumbai-based Accelyst Solutions Pvt Ltd and was founded by Kunal Shah who is also the CEO of Freecharge.in.

Launched in15th Aug 2010 with the idea of increasing footfalls for the retailers while at the same time making recharge free for the customer.
Freecharge.in has currently partnered with over 50 retailers including McDonalds, Barista, Caf Coffee Day, Fastrack, Puma, Dominos, Crossword, Croma, Shoppers Stop, Pizza Hut and a host of e-commerce websites. Freecharge.in is the only website in India which provides you with Free Discount Coupons/Vouchers for every Mobile Prepaid Recharge you do with them. The value of these Free Discount Coupons/Vouchers is exactly same as/greater than the Recharge Amount.

Facts about Freecharge.in


The site has grown its customer base to 1.5 million. Freecharge.in has more than 160,000 fans on facebook. 2500+ transactions daily. 10000+ coupons couriered daily. 2nd amongst recharge site. 2nd amongst couponing sites. Amongst the top 10 sites in India in terms of number of transactions per day.

USP of Freecharge.in
Smooth and instant recharge Hassel free user interface Coupon delivery with no delay Hassel free voucher redemption with no complex terms and conditions or hidden costs Best discounts available in the market 100% customer satisfaction

Business Model
Freecharge.in business model is around commissions from couponing partners and advertising. At present, the total number of team members is 35 which include the customer care, sales and marketing, technology and logistics. Planning to increase the head count to 100 within 2-3 months with additional offices coming up in Delhi and Bangalore. One of the biggest challenges freecharge.in face even today is the supporting infrastructure. Freecharge .in current revenve is 1.6 crore. Projected revenue in 2015 is 125 crore. Freecharge.in, has raised Rs 20 crore ($3.9 million) from Sequoia Capital in its series A round of funding. Freecharge had also received an undisclosed seed funding from Sequoia Capital last year. The fund raised will be used to add new products and merchants who can use Freecharge to target consumers and promote their products/services.

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