Utilize the input text as a context reference, choose the right relationship between 'Freecharge' and 'Snapdeal' from the options.
Options: industry, owned by, director/manager, position held

This year alone, Snapdeal has acquired payments and mobile recharge startup Freecharge in a cash-and-stock deal (estimated at USD 400-450 million), MartMobi, Letsgomo Labs and Reduce Data.
owned by