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Thu 9 Apr 2015 12:38 PM

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Biggest startup M&A in India

India's largest online marketplace Snapdeal on April 8 announced that it had acquired 'FreeCharge' India's fastest growing mobile transactions platform, which is said to be one of the biggest acquisitions in the history of the Internet industry in India.

Biggest startup M&A in India
Co-founders of Snapdeal, COO Rohit Bansal (L) and CEO Kunal Bahl (3L), pose with the co-founder of FreeCharge CEO Kunal Shah (2L) and Sandeep Tandon after a press conference in Bangalore on April 8, 2015. India's largest online marketplace Snapdeal on April 8 announced that it has acquired 'FreeCharge' India's fastest growing mobile transactions platform, said to be one of the biggest acquisitions in the history of the Internet industry in India. (AFP/Getty Images)
Biggest startup M&A in India
Co-Founder and COO of Snapdeal Rohit Bansal addresses the media in Bangalore on April 8, 2015. India's largest online marketplace Snapdeal on April 8 announced that it has acquired 'FreeCharge' India's fastest growing mobile transactions platform, said to be one of the biggest acquisitions in the history of the Internet industry in India. (AFP/Getty Images)
Biggest startup M&A in India
Co-Founder and CEO of Snapdeal Kunal Bahl gestures while addressing the media in Bangalore on April 8, 2015. India's largest online marketplace Snapdeal on April 8 announced that it has acquired 'FreeCharge' India's fastest growing mobile transactions platform, said to be one of the biggest acquisitions in the history of the Internet industry in India. (AFP/Getty Images)
Biggest startup M&A in India
Co-founders of Snapdeal, COO Rohit Bansal (L) and CEO Kunal Bahl (3L), pose with the co-founder of FreeCharge CEO Kunal Shah (2L) and Sandeep Tandon after a press conference in Bangalore on April 8, 2015. India's largest online marketplace Snapdeal on April 8 announced that it has acquired 'FreeCharge' India's fastest growing mobile transactions platform, said to be one of the biggest acquisitions in the history of the Internet industry in India. (AFP/Getty Images)
Biggest startup M&A in India
Chairman of Japanese mobile carrier SoftBank, Masayoshi Son, speaks about the company's investment over Indian leading online marketplace Snapdeal.com during a press conference in Tokyo on November 4, 2014. SoftBank said net profit in the first six months of its fiscal year jumped by more than a third, thanks to a five-billion-USD gain from its stake in Chinese e-commerce giant Alibaba. (AFP/Getty Images)
Biggest startup M&A in India
Pedestrians pass before a shop of Japanese telecom giant Softbank in Tokyo on October 28, 2014. SoftBank said on October 28 it would invest 627 million USD in Snapdeal, becoming the largest shareholder in India's leading online marketplace as the Japanese mobile carrier strengthens its presence in the fast-growing market. (AFP/Getty Images)