Mobile balance management service firm Balance Hero has raised Rs 100 crore from Softbank Ventures Korea and other investors. The South Korean firm owns and operates True Balance app in India that allows users to check their mobile call and data balance. Balance Hero had raised Series A funding in April last year. The additional funding will help spur business growth even further, said Cheol-won Lee, CEO of Balance Hero. "True Balance has been growing exponentially passing the 30 million download mark, targeting 100 million by the end of this year," he added.

Source: dna February 20, 2017 08:37 UTC