Sandeep Tandon: Co-founder of FreeCharge

Megha Rani Megha Rani
Mar 27, 2021 5 min read
Sandeep Tandon: Co-founder of FreeCharge

Sandeep Tandon is a Technology Entrepreneur, Investor and a Mentor. He is the Co-founder at one of India's first mobile payment platform, FreeCharge. He also serves as the Managing Director of Tandon Group, a technology catalyst that owns numerous businesses by providing resources to startup companies in India and North America. He is an active Angel Investor and aids as a mentor to several technology startups. He has served to the technology industry for more than 20 years now. He holds a net worth of over Rs.11.5 crore, as of 30 September, 2020.

Sandeep Tandon- Biography  

Name Sandeep Tandon
Born 17 May, 1969
Birthplace Mumbai, Maharashtra, India
Age 51 (2020)
Nationality Indian
Education University of Southern California
Profession Entrepreneur, Venture Captalist, Investor
Position Co-founder, FreeCharge
Net worth Rs.11.5 crore ( 30 September, 2020 )

Sandeep Tandon- Personal Life
Sandeep Tandon- Education
Sandeep Tandon- Professional Life
Sandeep Tandon- FreeCharge
Sandeep Tandon- Tandon Group
Sandeep Tandon- Board of Director
Sandeep Tandon- Angel Investor


Sandeep Tandon- Personal Life

freecharge founders
FreeCharge Founders

Sandeep was born and brought up in Mumbai, Maharashtra, India. His career graph ran across California and Mumbai. He currently resides in Mumbai with his family, and frequently mentors future leaders.

Sandeep Tandon- Education

Sandeep completed his formal education from Bombay Scottish. He further pursued Bachelors of Science and Master of Science in electrical engineering from the University of Southern California.

He has a connection with Harvard University, where he served as the Owner President Manager- YPO Presidents Seminar and studied Business Administration and Management (2008 to 2017).


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Sandeep Tandon- Professional Life

After completing his education, Sandeep worked as an application engineer for a Los Angeles startup. Soon, he left the startup to launch his own accounts payable company, IQBackOffice. He sold his company in the year 2000 and returned India to work for Celetronix.

He examined the operations of Celetronix India until 2006, when it was sold to Jabil Circuits. He served as the Chairman of Electronics Software Export Promotion Council (ESC). Moreover, he is a member of Young President Organisation (Mumbai Chapter). In 2010, he co-founded FreeCharge that became India's fastest growing mobile payment app.

After the acquisition of FreeCharge, Sandeep served as the Non Executive Chairman of AAVAS Financiers since 27 July, 2017. He is the Director at Infinix Healthcare, a software that provides patient access and revenue cycle management for healthcare providers. Also, he is the Chairman of Syrma Technology, an electronics manufacturing services provider.

He is the Managing Director at Tandon Group, through which he examines a bunch of companies and works as an Angel Investor providing funding for startup ventures. He is the investing partner of Whiteboard Capital since January 2018.

Sandeep Tandon- FreeCharge

FreeCharge Logo

Sandeep Tandon co-founded FreeCharge in August 2010 with Kunal Shah. The company is headquartered in Gurugram, India. The users having pre-paid phones can purchase minutes through the FreeCharge app or website. It basically initiated the transformation of purchasing minutes from their own device instead of buying minutes from the store.

He also co-founded Accelyst Solutions Private Limited. FreeCharge is founded by its parent company, Accelyst Solutions, where Sandeep has been serving as the Chief Business Officer since 1 September, 2015. The company offers a varied range of online recharge services to prepaid mobile, DTH and data card operators.

Tandon continued to transform FreeCharge to an e-commerce venture and it operates in India. However, the company was acquired by Snapdeal in India's largest M&A internet deal in March 2015.

Sandeep Tandon- Tandon Group

Sandeep as the Managing Director examines the operations of Tandon Technology Ventures (Tandon Group). Through his venture, he oversees strategy to fund startup companies as an Angel Investor. The company was founded in 1978 with its headquarter in Mumbai and Silicon Valley.

| Subsidiaries of Tandon Group |
|---|---|
| Syrma Technology Private Limited |
| TIS International (USA) |
| TIS-BPO |
| Tancom Electronics Private Limited |
| Tandon Information Solutions Private Limited |
| Tovya Automation Private Limited |
| Tandon Advance Devices Private Limited |

Sandeep Tandon- Board of Director

Sandeep serves as the Member of the Board of Director at various companies. He is the Member of the Board of Advisors at USC Viterbi School of Engineering since March 2014.

He is also a Member of the Board of Advisors of a Seed fund, IIFL Investment Managers and Iron Pillar since January 2017. He became the Member Board of Directors at CRED Since October 2018.

Sandeep Tandon- Angel Investor

Sandeep has made 19 investments till date. Most lately, he invested in an Angel Round- Genius Teacher on 19 October, 2020. He has raised a funding of $2 million for Genius Teacher. The same day, he raised $6 million in a seed funding for a venture named Dukaan.

He has raised $10 million for Atomberg Technology on 4 September, 2019. Another organization, Progcap received a funding of $5 million on 31 July, 2019.

On 6 June 2017, Spinny got a funding of $1 million. Unacademy received Series A funding of $4.5 milion on 13 January, 2017. Pocket Aces was bestowed with a funding of $3 million on 15 December, 2016. Bharat Bazaar was funded as well on 4 October, 2016.


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FAQs

What is FreeCharge app?

FreeCharge is one of India's leading payments app. Consumers can use it for making the postpaid, prepaid, metro recharge, DTH and other utility payments across the country.

Is FreeCharge Indian app?

Yes, it's an Indian app.

Is FreeCharge safe?

yes

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