Mumbai based JRI Technologies Private Limited, which runs the website www.JustRechargeIt.com has raised an undisclosed amount from a consortium of investors.
JustRechargeIt claims to be India’s first multi-lingual (supports 10 Indian languages) recharge site and services more than a million plus registered mobile customers.
The investment was led by Ladderup Finance Limited, a mid-market focused and independently owned boutique investment bank, along with a consortium of Investors who have acquired 25% stake in the company.
Another player in recharge space, Freecharge has raised INR 20 Crores from Sequoia Capital.
Also see: PayTM deal on TimesDeal grabs 70,000 mobile recharge orders in a day
