Indian mobile bill paying app gets $80M Series C

FreeCharge, an India-based app that allows customers to pay utilities and other bills, has secured an $80 million Series C fundraising round. The company recently completed a $33 million Series B back in September, bringing the innovative start-up to a value of $115 million. FreeCharge rewards customers as they pay bills with coupons for online stores like AmazonIndia and FlipKart, as well as brick-and-mortar stores such as Baskin Robbins and McDonald's. Story

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