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Mobikwik

IPO-bound Mobikwik turns profitable in FY24; posts Rs 14 crore profit

The company had posted a loss of Rs 83.81 crore in the financial year (FY) 2023New Delhi: IPO-bound fintech firm Mobikwik on Tuesday said it has posted a profit of Rs 14.08 crore in FY24, its first fully profitable...

MobiKwik claims to be largest digital wallet player in terms of transaction value

The company saw its market share by value grow from 11% in March 2024New Delhi: MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI Wallet transactions by value for April and...

MobiKwik introduces Pocket UPI to facilitate payments without linking bank account

Pocket UPI allows users to make UPI payments through MobiKwik Wallet without linking their bank accountNew Delhi: MobiKwik has announced a new feature on its platform, 'Pocket UPI', which the fintech company said will enable users to have enhanced...

Mobikwik turns profitable, expects to almost double revenue to Rs 1,000 cr this fiscal

The company closed the 2022-23 financial year with a 39 per cent net revenue growth at Rs 560 croreNew Delhi: Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs 1,000...

2023 could be heavy on IPOs by retail firms

These companies from the retail ecosystem are likely going to make their debut on the Indian stock markets in 2023New Delhi: Retail in India is growing at an exciting pace and many companies in the retail ecosystem are turning...

MobiKwik turns the lever, readies to raise Rs. 1,900 crores through IPO

Following suit of the ongoing trend, One MobiKwik Systems Pvt. Ltd prepares to open its IPO for sale and raise Rs. 1,900 crores through the initial release. As per reports, the company has filed preliminary papers with the Securities...

BSNL launches mobile wallet developed by MobiKwik

State-run Bharat Sanchar Nigam Limited (BSNL) on Thursday launched a mobile wallet that would enable its existing 100 million customers to make bill payments and transact on e-commerce platforms. The wallet has been developed and issued by MobiKwik on behalf...

SoftBank secures crucial nod from Nexus for sale of Snapdeal to Flipkart

Japan's SoftBank has secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India's largest e-commerce firm, Flipkart, sources told PTI. According to a PTI report: SoftBank -- the largest shareholder in Snapdeal -- had...

Softbank closer to bringing Nexus on board for Snapdeal sale

Japan's SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus Venture Partners (NVP) for selling Snapdeal to India's largest e-commerce firm Flipkart. A meeting was held on Wednesday and the impasse over...

Upasana Taku, Co-founder and Director, Mobikwik

Upasana Taku Co-founder and Director Mobikwik Upasana Taku is the Co-founder and Director of Mobikwik, India’s fastest growing mobile wallet. Upasana’s mission is to simplify payment acceptance for Indian merchants/retailers. Her focus is on taking the MobiKwik Wallet to millions of retailers, bank...
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FSSAI mandates quarterly reporting of expired, rejected food products

The move is aimed at preventing the rebranding and resale of expired and rejected food items for human consumption...
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