Press Information

Press Information

October-December , 2019
• [Entrackr] True Balance secures $23 Mn series C round from Korean Investors. • [Economic times] True Balance raises $23M from a cohort of Korean investors.
July-September , 2019
• [voicendata] True Balance clocks 3 lakh digital transactions per day: Victor Choi, CEO, BHI • [Telecomdrive] True Balance Launches E-commerce Marketplace for Mobile Handsets • [Inc42] Union Budget 2019: Govt To Use Facial Recognition Tech For Income Tax Assessment • [Business-standard] True balance and ICICI Lombard Partner to Provide Financial Inclusion to the Next Billion - Focus on providing affordable insurance to customers. • [Indiatimes] Deals and discounts galore at True Balance commerce platform to mark 73rd Independence Day. • [Zee Business] Affordable Insurance: True balance app offers micro-insurance policies with Toffee Insurance.
April-June , 2019
• [Fortune India] Financial inclusion for the cash-only economy • [Techcrunch] Under-the-radar payments app True Balance just clocked $100M in GMV in India • [VarIndia] rue Balance launches Recharge Loan service
JANUARY-MARCH , 2019
• [ETTelecom] Vodafone Idea, Airtel managed to retain users despite minimum recharge introduction • [Gagetsnow] Bharti Airtel, Vodafone Idea retained users despite introducing minimum recharge, says survey • [ecnomictimes] Jazz, classical music help True Balance CEO relax & de-stress • [timesofindia] A strong need for digital revolution, says true balance founder • [peoplematters] What will be new in HR - 2019 • [My mobile india] True Balance is offering UPI service as a new payment method • [exchange4media] Victor Choi appointed as new CEO of Balance Hero India • [Gagets.NDTV] True Balance Launches ‘Pay Later’ Option for Bills and Recharges: Here’s How It Works
OCTOBER-DECEMBER , 2018
• [techinasia] Meet the 20 top-funded fintech companies in India • [indiatechonline] Gift card Launch • [techcircle] Google play store policy changes • [siliconindiamagazine] The concept of making the workplace more humane • [businessworld] How User Experience Will Play Big Role In 2019’S Marketing Strategy For Brands • [bangaloreinsider] TRUE BALANCE: A MOBILE APP PROVIDING FINANCIAL ACTIVITIES TO END USERS. • [mymobileindia] Cheolwon Charlie Lee, CEO, True Balance • [Telecomdrive] How True Balance is Reinventing Balance Management Utility • [business-standard] True Balance review: One tap Android recharge app with an array of services • [mymobileindia] True Balance now receives KYC and a new updated version • [Times-job] Fintech Firm True Balance boosts senior management with new hires • [IndianTelevision] True Balance celebrates Christmas for a cause • [Gizbot] In conversation with True Balance: Aims to bring financial freedom to primarily unbanked users
AUGUST-SEPTEMBER , 2018
• [UNI Kolkata - 13th August, 2018] True Balance Rolls out new Balance Check Option for Jio Users • [Gizbot - 16th August , 2018] True Balance expands balance management service to postpaid numbers • [ANI News - 16th August, 2018] True Balance expands balance management service to postpaid numbers • [The motiverge - 5th September, 2018] The concept of making the workplace more humane • Sakshi post - 16th september , 2018] How to implement data-driven organization – Alex Suh • Sakshi post - 20th september , 2018] Gift card launch • Sakshi post - 20th september , 2018] Gift card launch • Punya Nagri - 25th september , 2018] Gift card launch
JUNE-JULY , 2018
• [UNI Kolkata - 19th June , 2018] True Balance expands balance management service to postpaid numbers • [Gizbot - 19th June , 2018] True Balance expands balance management service to postpaid numbers • [ANI News - 20th June , 2018] True Balance expands balance management service to postpaid numbers • [The motiverge - 21st June , 2018] True Balance expands balance management service to postpaid numbers • Sakshi post - 20th June , 2018] True Balance expands balance management service to postpaid numbers • News Patrolling - 12th July , 2018] True Balance expands balance management service to postpaid numbers • Daily Hunt - 16th July , 2018] True Balance expands balance management service to postpaid numbers • Silicon India - 17th July , 2018] True Balance expands balance management service to postpaid numbers • NCN Online - 12th July , 2018] True Balance expands balance management service to postpaid numbers
APR-MAY , 2018
• [Medianama - 6th April, 2018] True Balance expands balance management service to postpaid numbers • [Gizbot - 6th April, 2018] True Balance adds end-to-end solution for checking post-paid balance • [Medium - 6th April, 2018] Postpaid Bill Management is here! • [Mumbai News Network - 7th April, 2018] • [Arthniti - 7th April, 2018] • [Bright News - 7th April, 2018] • [Economic Times - 5th May, 2018] • [Gizbot - 8th May, 2018] • [Tech Gig] Fintech startups create hundreds of job opportunities in India
JAN-Mar , 2018
• [Inc42 - 1st January, 2018] The 7 Key FinTech Trends To Watch Out For In 2018 • [CXO Today - 9th January, 2018] FinTech Trends to Watch Out for in 2018 • [Business World : Disrupt - 24th January, 2018] Expectations from Union Budget 2018-2019 – Consolidating the Fintech Revolution • [Entrepreneur - 24th January, 2018] This is How the Government can Boost Digitalisation with Union Budget 2018-19 • [Tech Observer - 25th January,2018] Union Budget 2018: India needs to cover more ground to sustain Fintech wave • [VC Circle - 25th January,2018] SoftBank-backed True Balance to get fresh fund infusion • [PC Quest - 29th January, 2018] What Fintech leaders want from Union Budget 2018 • [Medianama - 30th January, 2018] Budget expectations 2018: GST, digital payments, tax benefits, angel tax and more • [Financial Express - 30th January, 2018] Budget 2018: What lies ahead for the Indian fintech industry under ‘Digital India’ programme? • [Economic Times - 31st January, 2018] Machine learning is not futuristic science fiction anymore • [Financial Express - 1st February, 2018] Budget 2018: This is how India can beat US, China with ‘Digital India’ programme • [GSTn .in - 1st February, 2018] BUDGET EXPECTATIONS 2018: GST, DIGITAL PAYMENTS, TAX BENEFITS, ANGEL TAX AND MORE • [Data Quest - 20th February, 2018] Budget 2018 : Fueling the Indian Digital Economy • [VC Circle - 26th February, 2018] How AI can fuel the Indian digital economy • [First Post - 27th February, 2018] Digital wallet payments: RBI's refusal to extend 28 Feb deadline may lead to Rs 12,000 cr loss for sector • [Financial Express - 1st March, 2018] KYC deadline ends: Here is how you can re-activate your Paytm, MobiKwik and other wallets • [FT Broadcast - 1st March, 2018] RBI to revoke the ‘ DeMo ‘ effect in digital payments: compulsory for wallets to go KYC-compliant by 28th February • [The Week - 5th March, 2018] Mobile wallets' KYC process is complicated and expensive: Experts • [CIO IDG - 7th March, 2018] Is the new-age startup ecosystem any different for women? • [Entrepreneur - 8th March, 2018] How Women Entrepreneurs are Challenging Social Norms • [CIO IDG - 9th March, 2018] Back to work: Why companies should upskill their female workforce after a maternity break • [YourStory - 29th March, 2018] Five guidelines on how startups can use referral marketing to their advantage • [Economic Times - 5th May, 2018]
OCT - DEC, 2017
• [Web India 123 - 3rd October, 2017] Mobile carriers record ten-fold increase in sales of unlimited data packs: True Balance • [Hans India - 4th October, 2017] Ten-fold increase in sales of unlimited data packs • [iamwire - 11th October, 2017] The New Currency of the Economy : Data Analytics • [The Motiverge - 28th October, 2017] How 5G will revolutionize the way we manage data • [Entrepreneur India - 1st November, 2017] These #10 Superwomen are Breaking the 'Glass Ceiling' With Their Business Acumen • [LiveMint - 17th November, 2017] Transforming Internet usage with 5G • [Mobile Gyaan - 20th November, 2017] Best Android Apps Of The Month • [Outlook - 7th December, 2017] True Balance launches mobile wallet service; ventures into fintech business • [VC Circle - 7th December, 2017] SoftBank-backed True Balance pivots, launches mobile wallet • [The News Minute - 8th, December, 2017] SoftBank-backed True Balance changes business model, turns into mobile wallet company • [Navhind Times (Mumbai : Regional) - 8th, December, 2017] True Balance launches mobile wallet service; ventures into fintech business • [KnowStartup - 21st December, 2017] This startup is one of the leading balance and data management app – True Balance
JUL - SEP, 2017
• [ET Telecom - 17th July, 2017] GST impact on telecom services: Managing rising mobile bills and data consumption • [Entrepreneur India - 18th July, 2017] True Balance expects 100 mn downloads • [Business World - 20th July, 2017] GST Rollout has made keeping close tab on Mobile Spends important • [ET Telecom - 31st July, 2017] 56% of mobile data users are unable to access mobile data atleast once a day: True Balance report • [Business Standard - 31st July, 2017] Most Indian smartphone users face poor Internet connection • [CXO Today - 31st July, 2017] Data Access still low despite unlimited data offer : Study • [Jagran - 1st August, 2017] 4 गुना बढ़ा इंटरनेट का इस्तेमाल फिर भी आधे से ज्यादा स्मार्टफोन यूजर्स नहीं चला पाते इंटरनेट • [Tech Facts Live - 2nd August, 2017] True Balance Report: Over 11 percent of smartphone users face poor data connection • [New Indian Express - 5th August, 2017] Korean investments slowing down? • [Silicon India - 8th August, 2017] Cyber Security: How Secure are you with your Mobile App • [Medianama - 8th August, 2017] Softbank Korea-backed True Balance gets a wallet licence in India • [Entrepreneur India - 17th August, 2017] Data Analytics Will be the DNA of New Economy • [LifeHacker - 18th August, 2017] 5 Hacks To Reduce Your Mobile Bills Post GST Regime • [Business Standard - 18th August, 2017] True Balance's latest feature enables users to manage, recharge, earn rewards • [Gizbot - 18th August, 2017] True Balance app updated with a new feature • [Gizbot Hindi - 23rd August, 2017] ट्रू बैलेंस ऐप ने लांच किया नया फीचर • [Business World - 4th September,2017] How Data Analytics Is Changing Business Models • [The Motiverge - 29th September, 2017] Interview: Cheol-won Lee, Founder and CEO of Balance Hero • [The Motiverge - 29th September, 2017] True Balance app enables pre-paid smartphone customers to track the consumption of balance and mobile data • [BGR - 29th September, 2017] Forget Reliance Jio effect, incumbent mobile operators see ten-fold increase in data pack sales • [Bullet Daily News - 29th September, 2017] Mobile carriers record ten-fold increase in sales of unlimited data packs: True Balance Data Report
APR - JUN, 2017
• [PC Quest - 5th June,2017] True Balance records 100% increase sales, announces recharge option for Reliance Jio users • [The Asian Age - 5th June,2017] Keep track of phone balance • [Indian News and Times - 2nd June,2017] Improved Payment Convenience through the Support of Multiple Payments Simultaneously Pay with points and Credit Cards • [The Economic Times - 1st June,2017] True Balance records 100% increase in monthly sales driven by Reliance Jio users • [India Blooms - 1st June,2017] True Balance records pct increase in monthly sales • [UNI - 1st June,2017] True Balance records pc increase in monthly sales • [HT Syndication - 1st June,2017] True Balance records pc increase in monthly sales • [Mumbai News Network.Blogspot - 1st June,2017] True Balance records 100 percent increase in monthly sales ,announces recharge option for Reliance Jio users • [Dailybbusinessnews.blogspot - 1st June,2017] True Balance records 100 percent increase in monthly sales ,announces recharge option for Reliance Jio users • [ANI - April 21, 2017] Data pack recharge exceeds 1GB in India; records 150 pct jump from last year • [DNA India - April 21, 2017] Data pack recharge exceeds 1GB in India; records 150 pct jump from last • [Zee News - April 21, 2017] Data pack recharge exceeds 1GB in India; records 150% jump from last year • [NavBharat Times - April 21, 2017] भारत में डेटा पैक रीचार्ज का औसत 1 जीबी पार • [Gizbot - April 20, 2017] True Balance plans to offer balance checking to Jio users • [Financial Express - April 20, 2017] 5 smartphone apps to check your daily, weekly or monthly data usage • [Economic Times - April 19, 2017] True Balance to provide data balance check, recharge options for Reliance Jio users • [Data Quest - April 19, 2017] Amount of data pack recharge exceeds 1GB in India
JAN - MAR, 2017
• [Business Standard - March 27, 2017] Have a dual-sim phone? Track your mobile data use with True Balance • [Economic Times - March 27, 2017] Truebalance introduces ‘One-click-recharge’ feature to facilitate phone bill payments • [ANI - March 27, 2017] True Balance introduces 'One-click Recharge' to make phone bill payments easier • [Business Standard - March 27, 2017] True Balance introduces 'One-click Recharge' to make phone bill payments easier • [India - March 27, 2017] True Balance introduces ‘One-click Recharge’ to make phone bill payments easier • [DNA India - March 27, 2017] True Balance introduces 'One-click Recharge' to make phone bill payments • [India Blooms - March 27, 2017] True Balance introduces ‘One-click Recharge’ to make phone bill payments easier • [New Kerala - March 27, 2017] True Balance introduces 'One-click Recharge' to make phone bill payments easier • [Human Capital - March 09, 2017] Expanding Minds, Growing Markets • [India.com - Feb 28, 2017] True Balance introduces ‘One-click Recharge’ to make phone bill payments easier • [DNA India - Feb 27, 2017] True Balance introduces 'One-click Recharge' to make phone bill payments • [India Blooms - Feb 20, 2017] True Balance introduces ‘One-click Recharge’ to make phone bill payments easier • [New Kerala - Feb 20, 2017] True Balance introduces 'One-click Recharge' to make phone bill payments easier • [Human Capital - Feb 20, 2017] Expanding Minds, Growing Markets • [Bloomberg Quint - Feb 20, 2017] Deal Street: Blackbuck, True Balance Led Startup Fund Raising Last Week • [VCcircle - Feb 20, 2017] Weekly roundup on startup funding • [Start Up Terminal - Feb 20, 2017] True Balance app is aimed towards replacing the earlier inconvenient way of checking current mobile balance'- Charlie Lee, CEO & Co- Founder, True Balance • [Economic Times - Feb 20, 2017] True Balance gets Rs 100 cr from SoftBank ventures Korea, others • [Your Story - Feb 20, 2017] True Balance raises Rs 100cr in Series B funding from SoftBank Ventures Korea, others • [Business Standard - Feb 20, 2017] SoftBank Korea's most impressive investment' last year was in India • [Financial Express - Feb 20, 2017] True Balance raises Rs 100 cr from Softbank Ventures and other investors • [India Today - Feb 20, 2017] True Balance raises Rs 100 cr from Softbank Ventures, others • [BW Disrupt - Feb 20, 2017] True Balance Scores 100Cr Series B From SoftBank’s Korea Arm, IMM & Co. • [VCcircle - Feb 20, 2017] True Balance raises $15 mn from SoftBank Ventures Korea, others • [Money Control - Feb 20, 2017] True Balance raises Rs 100 crore in funding from Softbank Korea • [Tech in Asia - Feb 20, 2017] SoftBank Korea’s ‘most impressive investment’ last year was not in Korea but in India • [The Tech Portal - Feb 20, 2017] Mobile recharge management app True Balance raises ₹100 crore from SoftBank Ventures and IMM Investment • [DNA India - Feb 20, 2017] True Balance raises Rs. 100 crore in Series B funding • [Media Nama - Feb 20, 2017] True Balance raises Rs 100Cr led by Softbank Korea • [Yahoo - Feb 20, 2017] True Balance raises Rs. 100 crore in Series B funding • [Deal Street Asia - Feb 20, 2017] India: Softbank Korea, IMM Investment lead $15m Series B funding in True Balance • [India.com - Feb 20, 2017] True Balance raises Rs 100 cr from Softbank Ventures, others • [My Big Plunge - Feb 20, 2017] True Balance raised Rs 100 Crore in funding; aims at 100 million downloads by next year • [Inc42 - Feb 20, 2017] True Balance Tops Up Series B, Raises $15 Mn From Softbank Ventures Korea, Others • [Voice & Data - Feb 20, 2017] True Balance raises Rs 100 crore in Series B funding • [e27 - Feb 20, 2017] India's True Balance recharges its coffers with US$15M funding from Korean VCs • [Tech Story - Feb 01, 2017] True Balance Raises Rs. 100 Cr Funding from Softbank Ventures Korea, Others • [Know Startup - Feb 01, 2017] Gurgaon-based True Balance raises Rs 100 Crore from SoftBank Ventures Korea • [ANI - Jan 31, 2017] True Balance raises Rs. 100 crore in Series B funding • [Tele Analysis - Jan 22, 2017] True Balance Raises Rs 100 Cr In Series B Funding • [Tech Sseen - Jan 20, 2017] True Balance raises $15M in Series B round from SoftBank Ventures • [TechStory - Jan 20, 2017] Expectations From Union Budget 2017-2018 – Propelling The Startup Movement • [My Big Plunge - Jan 20, 2017] What start-up India and their entrepreneurs are saying about Union Budget 2017 • [Economic Times - Jan 20, 2017] Union Budget 2017-18 Pre Budget Expectations • [The New Indian Express - Jan 19, 2017] Start-ups expect clearer regulations, less taxation • [IT Voice - Jan 19, 2017] True Balance launches advertising and recharging features in a bid to monetize the platform • [New Kerala - Dec 30, 1899] True Balance launches advertising and recharging features • [MediaNama - Dec 30, 1899] True Balance updates app with recharge options and ads • [Telecom Live - Dec 30, 1899] True Balance aims 100 mn users in India, launches advertising & recharging platforms • [Economic Times - Dec 30, 1899] True Balance aims 100 mn users in India, launches advertising & recharging platforms • [India Blooms - Dec 30, 1899] True Balance launches advertising and recharging features
2016
• [QZ - Dec 19, 2016] Anyong! Indian startups, South Korean investors are knocking • [Your Story - Nov 20, 2016] ‘When you survive hell, you emerge stronger and humbler’ – 20 quotes from Mobile Sparks 2016 • [Indian Express - Nov 9, 2016] Indian smartphone prepaid users go without balance for 7.5 days: True Balance • [Your Story - Nov 5, 2016] Top 11 mobile-focused startups from Delhi-NCR • [Vccircle - Oct 25, 2016] Four apps that can help you save on phone bills • [Business Standard - Sep 8, 2016] True Balance crosses 10 million downloads • [DQ India - Aug 30, 2016] True Balance enthralls Indian consumers and crosses 10 million downloads • [Economic Times - Mar 29, 2016] SoftBank unit invests in mobile-balance checking app • [Media Infoline - Mar 29, 2016] True Balance Enthralls Indian Consumers And Crosses 10 Million Downloads • [Your Story - Mar 8, 2016] Meet the entrepreneur from Gangnam whose True Balance app is topping Play Store in India