Two novel pyrazolino [60] fullerenes 2a -2b have been prepared by 1, 3 dipolar cycloaddition reaction of nitrile imines, generated in situ from hydrazones 1a -1b, to C 60 . All the synthesized compounds were characterized by elemental analysis, FT-IR, 1H NMR, 13C NMR and mass spectral analysis. Charge-transfer interactions in the ground state between the indole ring and the fullerene cage has been monitored by photophysical and electrochemical studies. Electrochemical properties of the new dyads 2a-b showed better electron affinity with respect to C 60 . Steady state absorption and emission spectra studied as a function of dielectric constant of the medium, showed efficient electron transfer from indole to fullerene moiety in polar solvents such as CH 2 Cl 2 . Fluorescence lifetimes of the dyads 2a and 2b studied by nanosecond flash photolysis showed faster fluorescence decay of the dyads as compared by reference compound N-Methylpyrrolidino[60]fullerene.