Freecharge presently has a revenue of about Rs80 crore. Photo: MintNew Delhi: Axis Bank Ltd on Friday said it has completed the acquisition of mobile wallet firm Freecharge and appointed Sangram Singh as its CEO. Sangram Singh has been appointed as the CEO of Freecharge Payment Technologies Pvt. Freecharge presently has a revenue of about Rs80 crore. Acquisition gives Axis Bank access to about 52 million mobile wallet holders of Freecharge as well as about 150 to 200 professionals.

Source: Mint October 06, 2017 16:34 UTC