Media coverage
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