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FINTECH STARTUP MOBIKWIK
RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Peak XV fully exits Mobikwik in Rs 130 crore block dealVenture capital firm Peak XV Partners has fully exited fintech firm One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. Th...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
Mobikwik’s net loss widens to Rs 55 crore as revenue growth remains flatMobikwik parent One Mobikwik Systems reported an operating revenue of Rs 265 crore, almost flat against the Rs 268 crore reported in the De...
MobiKwik to raise Rs 880 crore via fresh issue through IPOThis is Gurugram-based MobiKwik's second attempt towards an initial public offering (IPO) after it abandoned its listing plans on account o...
MobiKwik posts first ever consolidated profit in June quarterMobiKwik cofounder and COO Upasana Taku told PTI that MobiKwik has become the first fintech firm to post consolidated profit and expects to...
MobiKwik appoints Preety Pandey to lead finance functionPreety She takes over from Dilip Bidani, the former CFO, who has moved on to explore other opportunities.
IPO-bound MobiKwik expects revenue to touch Rs 600 crore by end of FY22The company expects to clock annual revenue of Rs 550 crore - Rs 600 crore by the end of FY22, nearly double from last year, MobiKwik cofou...
MobiKwik may defer IPO as valuation dipsThe Gurugram-based company had filed its draft IPO papers for a Rs 1,900 crore IPO in July, which was approved by market regulator Securiti...
MobiKwik appoints four independent directors to its board ahead of IPOThe holistic expertise of our new board members in our sector, public policy, technology, and business will provide an added thrust to Mobi...
RBI orders MobiKwik to urgently probe alleged data leakMobiKwik, which is backed by Sequoia Capital and Bajaj Finance, has faced growing criticism this week for denying a data leak many customer...
MobiKwik joins IPO queue, eyes public listing by 2022MobiKwik joins the league of startups such as PhonePe, Paytm and Zomato that have publicly announced their plans to go in for Initial Publi...
MobiKwik eyes Rs 1,000 cr business from payment gatewayThe business growth is attributed to the addition of new customers, scaling-up of existing customers and offering new products. In the paym...
PayU eyes MobiKwik’s payment gatewayMobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
When Mobikwik shifted focus to competitive space of wealth managementIt’s the one that lost that critical first-mover advantage. MobiKwik ceded ground to later rivals in digital payments and is now turning it...
Why MobiKwik is attempting to morph into a financial services providerMobiKwik is one of the two companies in the wallet space that has the scale and the ecosystem of users and merchants to stretch beyond wall...
From loans to investments, MobiKwik wants to provide everything you needMobiKwik is slowly becoming much more than a digital wallet company as it looks to operate across the vast financial sector.