RechargeItNow.com hits 5 million registered user mark

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afaqs! news bureau
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National, October 09, 2012

Rechargeitnow.com has crossed a huge milestone of garnering 5 million registered users within a short period of its existence. It acquired over 3 million registered users in the last 16 months.  This is a major accomplishment for a very young company which has purely grown on organic basis.

RechargeItNow.com is India’s no. 1 recharge site which provides recharge for all pre-paid mobile and DTH services. It continues to be a front runner in the ecommerce space delivering over Rs. 600 crore worth of annualized transactions on run rate basis.  It currently services over 100,000 recharges daily pan India.

Sharat Jain, President, RechargeItNow.com said ‘In the past one year the growth has been phenomenal which again demonstrates the trust users have placed in our company.  This growth is predominantly organic with negligible marketing spends which has made RechargeItNow.com a case study in itself’.

Following are few highlights of Rechargeitnow.com:

- Over 100,000 successful recharges delivered daily

- Registered base of over 5 million users (5% of active online users in India)

- Addition of approximately 200,000 new users every month

- Estimated 3.5% of all DTH recharges and 0.6% of all prepaid mobile recharges in India

Awards & Recognition:

- NASSCOM EmergeOut 2012

- Nominee – Best Ecommerce Websites 2012 - IAMAI

- NASSCOM Emerge 50 2011

- NASSCOM Emerge 50 2010

- ET Power of Ideas Initiative 2009

For further information, please contact:

RechargeItNow.com

Rajneesh Chopra

Tel: 0124-2578200

Email: rajneesh.chopra@rechargeitnow.com

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