Media Coverage – 2020
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
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