Chillr Acquired
Chillr: Business Model Canvas
The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.
Value Propositions
Chillr let users send money without needing an OTP or to remember account numbers/passwords.
sourceThe app claimed a proximity-based transfer feature so users could pay people near them without knowing their phone number.
sourceCustomer Segments
Full send-and-receive was live for HDFC Bank and Bank of Baroda customers; customers of other major banks could only receive money.
sourceCustomer Relationships
Channels
Key Activities
Key Resources
Chillr was built as a product inside MobME Wireless Solutions before being spun off as an independent company in December 2014.
sourceKey Partnerships
Chillr tied up with HDFC Bank in February 2015 to offer mobile banking solutions, and by October 2015 claimed over 200,000 linked-account users.
sourceRevenue Streams
Chillr did not charge end-customers or banks for transactions itself; individual banks were free to levy their own transaction charges.
sourceCost Structure
FAQs on Chillr
What is Chillr's business model?
Chillr's core value proposition centers on OTP-free instant bank transfers, Send money to nearby people without knowing their number.
How does Chillr make money?
Chillr's cited revenue streams include No direct transaction fee (bank-levied charges only).