Govt moves to allow MDR; Qcomm braces for festive rushHappy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s...
Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
One MobiKwik Q1 Results: Firm reports profit for 3rd consecutive quarter; stock jumps 9% on strong performanceFintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a...
Mobikwik swings to Rs 7.6 crore net profit in Q1Mobikwik achieved 3.7% revenue growth and its third profit quarter. Lower costs and improved lending margins boosted the company's bottom l...
WhatsApp says claims of people reserving popular, well-known usernames falseThe rebuttal came as part of a set of FAQs released by the Meta-owned messaging platform around its contentious username feature - which is...
India weighs legal curbs on WhatsApp usernames over impersonation risks: SourcesNew Delhi is scrutinizing WhatsApp's upcoming username feature, exploring legal avenues to regulate its launch. Officials express concerns ...
Worries arise over gaming of WhatsApp usernamesThe feature, expected to roll out later this year, will allow users to connect using usernames instead of sharing their phone numbers. Whil...
Mobikwik shares in focus as IPO lock-in expiry frees up stake worth Rs 317 crore for tradeThe shares of the fintech platform had made a solid market debut in December, 2024, listing with nearly 59% premium over the IPO price at R...
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share saleTurtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue o...
Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator licenseOne MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, streng...
MobiKwik files draft papers for Rs 700 crore IPOMobiKwik's fresh issue will include a pre-IPO placement of Rs 140 crore.
Mobikwik turns profitable, expects to almost double revenue to Rs 1,000 crore this fiscalFintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs 1,000 crore in the current...
Inactive Mobikwik users face maintenance chargeE-wallet Mobikwik is going to charge consumers anywhere between Rs 100 and Rs 140 as “wallet maintenance charge” from inactive users, a fir...
MobiKwik to launch cards by JanuaryTaku said the company is in talks to partner with a bank and a card company to bring out the MobiKwik cards, but did not reveal the names.
Payment app MobiKwik ties up with 12 power distribution companies for bill payment gatewayThe state electricity boards that have been roped in by MobiKwik are in Bihar, Madhya Pradesh, Odisha, Tripura, Meghalaya, Calcutta, Rajast...
MobiKwik partners with IRCTC to allow booking ticket through its walletThis association will enable MobiKwik users to book railway tickets in a convenient and secure manner from their smartphones, said a releas...