India: Softbank in talks to sell Freecharge at half the price at $200m

India: Softbank in talks to sell Freecharge at half the price at $200m

Freecharge logo captured from the company website

With the on-going sale talks at Indian e-commerce firm Snapdeal continue to hog headlines, Japanese investor SoftBank is now in discussions to sell Freecharge, the mobile wallet platform owned by online retailer, separately at half the price for around $150-200 million, according to a Times of India report quoting sources.

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