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IPO-bound MobiKwik raises $5 Mn; valuation touches $500 Mn mark

Digital payments platform MobiKwik has raised $5 million or Rs 40 crore from a clutch of investors, regulatory filings show. With this, the Gurugram-based company has raised $12 million in

MobiKwik eyes profit in FY22 as it gears up for IPO this year

The startup had expected to turn a profit last year before the pandemic hit and lockdowns ensued. In fact, the fintech firm clocked its highest ever revenue in March and

MobiKwik’s Revenues Up 134% In FY20 On The Back Of Consumer Payments And Fintech Lending

MobiKwik’s net revenues grew by 134% to ₹379 crore at the end of FY20 from ₹162 crore on the back of higher revenue from consumer payments. The mobile payments app

MobiKwik in search of CFO to launch IPO

“We are looking for an inspiring professional to be our #CFO. MobiKwik is prepping for an IPO, operating @100% revenue growth YoY, $55M rev, -$5M EBITDA! Key requirements – Tech/BFSI background, listed

Hindustan Media Ventures invests in fintech platform MobiKwik

Financial-technology company One MobiKwik System Pvt. Ltd has raised Rs 41.5 crore ($5.6 million at current exchange rates) from Hindustan Media Ventures Ltd, according to a report. Gurugram-based MobiKwik raised

Payments platform MobiKwik raises $5.5 mn in pre-IPO round

Gurugram headquartered One MobiKwik Systems, which runs digital payments platform MobiKwik, has raised Rs 41.5 crore ($5.5 million) in the first tranche of a growth funding round. The fresh capital

Digital payments to recover by year end: MobiKwik CEO

Homegrown fintech player MobiKwik, which is looking to list by 2022, will continue to focus on its digital credit card business and work on profitability. “We are the only fintech

MobiKwik cuts cash losses by 91%, expects full year profitability in FY21

Gurgaon-based fintech company MobiKwik, in its annual report, stated that the company has reduced its EBIDTA losses from Rs 112 crore in FY19 to Rs 45 crore in FY20. Cash

MobiKwik registers 133 pc rise in revenue for FY20 with cash losses down 91 pc

MobiKwik, the Gurugram-headquartered fintech company, has registered a 133 percent annual rise in revenue for FY20, with cash loss down to just Rs 9 crore. The company expects to maintain

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