India mobile recharge platform FreeCharge raises $80m
Two hedge funds, San Francisco-based Valiant Capital Management and Hong Kong’s Tybourne Capital Management, have participated in an $80 million Series C round for Indian mobile top-up platform FreeCharge.
Existing investors such as Sequoia Capital, RuNet and Sofina also contributed capital. The new funding will be used for product innovation, team expansion and marketing. Efforts will be concentrated...
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