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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

Mobikwik hopes to turn profitable in FY21, expects recovery in payments by end August

Mobikwik, which made a cash loss of ₹8.5 crore in 2019-20, hopes to turn profitable this fiscal. “Last fiscal, there were some months when we were profitable and some where

MobiKwik looks to become profitable this year.

MobiKwik has three business lines — consumer payments, financial services (which houses its digital lending, insurance and mutual fund offerings) and payment gateway. “We have grown our revenue 100% year

Mobikwik hopes to turn profitable in FY21, expects recovery in payments by end August

Mobikwik, which made a cash loss of ₹8.5 crore in 2019-20, hopes to turn profitable this fiscal. “Last fiscal, there were some months when we were profitable and some where we

MobiKwik woos more e-commerce companies on its billing platform: Upasana Taku, MobiKwik

After partnering with Flipkart, Ixigo, Snapdeal, and putting 300 billers on the platform, Mobikwik is open to partner with more e-commerce players. Upasana Taku, Co-founder, and COO of the company

MobiKwik partners with ecommerce players to empower their bill payment services

ndia-based mobile payments platform MobiKwik has partnered with several ecommerce platforms to help them offer bill payment services on their own platforms. According to CNBC, India-based consumers are increasingly making their bill payments

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