wordpress blog stats
Connect with us

Hi, what are you looking for?

JustRechargeIt Raises Funding From Ladderup & Other Investors

JRI Technologies Private Limited, which runs the website www.JustRechargeIt.com, has raised an undisclosed amount of funding from Ladderup Finance Limited. A consortium of Investors also took part in the funding round. Together, the investors have acquired 25% stake in the company.

According to the company, the funding will be used for brand building, hiring talent and developing technology.

JustRechargeIt.com provides mobile, Data Card and DTH recharges through Internet and Mobile channels.  The website claims to offer 80+ payment options to pay for the recharges which includes all types of Credit Cards, Debit Cards, 40+ NetBanking options, Cash Cards and mobile payments. The website offers multi-lingual interface including support for Indian languages – Hindi, Gujarati, Marathi, Bengali, Punjabi, Malayalam, Telugu, Tamil, and Kannada. Similar to other websites in the segment, it also offers product discount coupons along with recharges.

Other Players

Earlier this year, Freerecharge.in, another site offering online recharges, raised Rs. 20 Crore from Sequoia Capital. There’s also Paytm.com, MobiKwik and Rechargeitnow, that allow users to recharge mobile, data card and DTH service.

Disclosure: Paytm is an advertiser with MediaNama

Also read:

Freecharge.in CEO Kunal Shah On The Online Recharge & Couponing Business

You May Also Like

News

The National Payments Corporation of India is in the process of rolling out a completely open source platform for the Unified Payments Interface (UPI)...

News

MobiKwik’s net revenues grew by 134% to ₹379 crore at the end of FY20 from ₹162 crore on the back of higher revenue from...

News

Non-bank lender Bajaj Finance is planning to enter the competitive Unified Payments Interface (UPI) market with its own third-party app called Bajaj Pay. The...

News

Digital payment adoption has grown significantly in the last year, reflecting a secular trend among Indian consumers and businesses, TR Ramachandran VISA Inc’s group...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ