Mobile balance checking app True Balance raises ₹100 crore
Gurugram-based startup True Balance, an app that allows users to check their mobile phone balance, has raised ₹100 crore in Series B funding. The funding was led by existing investor SoftBank Ventures Korea, part of Japanese internet conglomerate SoftBank Group, and IMM Investment Group. Founded in 2014 by Cheolwon Lee, the app allows prepaid users to check their phone's balance.