FreeCharge acquires mobile app start-up Preburn


The company will soon be launching Preburn’s offline app store, FreeCharge CEO Alok Goel says .

FreeCharge.in, an online mobile phone recharging service, announced on Tuesday that it has purchased Preburn Pvt. Ltd, a start-up that aims to distribute applications through mobile retail stores. “We have acquired Preburn and we will soon be launching the product,” Alok Goel, chief executive officer, FreeCharge, said by email.

FreeCharge gives users discount coupons when they recharge their phones using its website. These coupons can be redeemed at various retail outlets.

“We started out four months back. We were looking for investment, access to contacts and industry expertise to grow and launch the product. As a potential investor in our company, (FreeCharge founder) Kunal Shah suggested the acquisition, which we thought was a good deal,” Mohit Mittal, co-founder of Preburn, said over the phone.

Read complete article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: