Paytm may buy FreeCharge at 50% discount for $200 mn: Report
Digital wallet Paytm may buy SoftBank-backed rival FreeCharge at a 50% discount for as low as $200 million, according to reports. FreeCharge was acquired by Snapdeal in 2015 at an estimated $400 million. This comes amid reports of SoftBank looking to sell Snapdeal to Flipkart and dropping Paytm as a Snapdeal bidder over lower valuation offered.