mobile wallets

Top 6 Mobile Wallets in India

6. Freecharge


Founded in 2010, FreeCharge claims to be strong in the mobile space with 20 million registered users.  It is not a mobile wallet but a mobile recharge platform. The company recently was acquired by Snapdeal for $400. Freecharge is not a wallet service but is a mobile recharge tool. It has raised $113 million so far from investors like San Francisco-based Valiant Capital Management and Hong Kong-based Tybourne Capital Management. Its investors have decided not to exit following the transaction by Snapdeal. Though the companies will work separately, there will be a ‘cross-pollination’ of services to help FreeCharge customers buy products from Snapdeal, and vice versa.


  1. ICICI pockets is best alternative of paytm and freecharge. Because it offers all features of prepaid credit card. Also provides free physical card to swipe at shops. So it’s always my second choice.

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