Mumbai, 15th May, 2018: Digital wallet and financial services platform, True Balance has announced its plans to strengthen its technology team by hiring top talent from leading Indian educational institutes.
The Gurugram based start-up is looking at hiring 80-100 people in the next 6 months for its technology team across verticals like business development, product, technology, marketing, compliance and design. The fintech player currently houses a blend of Korean and Indian workforce, of 110 employees. With new recruitments, the start-up aims to strengthen its existing mobile payment services as well as venture into new domains of need based financial services. The talent acquisition is aimed at bolstering True Balance operations as well as promoting job creation in the country, in line with the Indian government’s startup India vision.
“We are looking for candidates with strong analytic skills along with language technology experience to help build a robust technology team. We have grown phenomenally in the past year and we are preparing to scale our services rapidly going forward. Hiring top talent will give impetus to our brand’s growth trajectory and will help us provide better financial services to the Next Billion Indian users.” said Charlie Lee, CEO, True Balance.
The digital payments startup raised $23 million in Series B2 funding last month and will be using a considerable amount of the fresh infusion of capital towards hiring top talent from premier technology and management institutions like IITs, IIMs, ISB, XLRI, BITS amongst others.
True Balance is also being recognized at a global level for its innovative and disruptive model. In January 2018, South Korea President Moon Jae-in, invited Charlie Lee, CEO of Balance Hero as a start-up innovator along with 26 representatives of Small and Medium Business Ventures and small business owners to the Blue House for a dinner host and meeting conference to encourage them to be the sub-engine for economic growth.
About True Balance
True Balance, India’s leading balance and data management app is a blend of Korean and Indian workforce. The mobile application was launched in September 2014 by Mr. Charlie Lee, an alumnus of the University of Chicago. Lee came to India in 2002 and led the India business for Real Networks, being instrumental in launching the concept of hello tunes. He then ventured into launching True Balance in India to enable seamless mobile bill recharges; which has garnered more than 50 million downloads so far.
The app covers bill management and payment of prepaid (10 networks across 22 circles) and Postpaid (Idea, Airtel and Vodafone) services in India. Adding to these services, True Balance has also launched its Mobile Wallet and looks to foray into overall Utility payments.
The company has ensured best quality services when it comes to features like recharging, balance check and holistic postpaid bill management. True Balance was also selected in the App Starter Kit (collection of most used apps in the country) on the Play Store and has ranked No. 1 in the lifestyle app category.
About Balance Hero
Balance Hero is a startup founded in 2014 by Cheol-won Charlie Lee who successfully led “Wider Than” and” Access Mobile” in the past. In 2014, the company launched True Balance, an app that allows users to check and track their call expenses and data balance. True Balance has successfully completed Series A and Series B funding rounds which showcases its growth potential. Beginning with providing a solution to efficiently manage mobile usage in low-bandwidth countries such as India, the company is committed to create a world where users can communicate freely with each other at a reasonable cost.