Axis Bank to buy FreeCharge from Snapdeal for â¹400 crore
Private sector lender Axis Bank has reportedly reached an agreement to buy digital payments platform FreeCharge for â¹350-400 crore in cash from Snapdeal. Axis Bank and FreeCharge are likely to announce the deal this week. According to reports, FreeCharge also received a takeover offer from Paytm but decided to go with Axis Bank as it offered a higher price.