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Mobikwik looks to raise $100 million as it delays IPO plans, founder says the ‘markets are not ready’

Gurugram-based Mobikwik is in talks to raise $100 million as there has been a delay in its initial …

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5 mins read

INTERVIEW: Mobikwik’s Upasana Taku says all the companies that made their grand entry into BNPL will have a grand exit too

Mobikwik – which has been in the BNPL space since the last two years – noted that there is a lot th…

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Startups now are scaling up talent and hiring people with multiple skill-set

Before all this, many companies sought out a large numbers of youngsters, thinking a degree alone w…

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MobiKwik vs. FreeCharge: another war on blogs

“It really pisses you off if somebody has actually not done the work but go around telling the worl…

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1 min read

Exclusive: MobiKwik co-founder Upasana Taku says India's biggest payment revolution may fizzle out before it begins

“Banks wanted UPI from an image management perspective. It makes them look good. But to do actual w…

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Exclusive: App relied on by investors shows that PayTM clearly lead the e-wallets pack in December 2016

The biggest benefactors of the entire cash ban episode have undoubtedly been the e-wallet companies…

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1 min read

MobiKwik gains market share, becomes largest Wallet player

MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…

PTI   


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MobiKwik posts first ever consolidated profit in Jun quarter 2023-24

"We have registered an adjusted Earnings before interest, taxes, depreciation, and amortization…

PTI   


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Mobikwik replans market debut with plans of raising ₹700 crore

Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…

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4 mins read

Mobikwik founder says they are not selling any shares in the IPO

Meanwhile, other stakeholders may choose to increase or decrease their offer for sale (OfS). “I …

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Payments firm MobiKwik files for ₹1,900 crore IPO, reportedly to seek $1 billion valuation

MobiKwik has filed its DRHP with SEBI today in order to raise ₹1,900 crore through its IPO.

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1 min read

OYO appoints Prakash Padariya as Chief Information Security Officer

IPO-bound OYO on Thursday said it has appointed Prakash Padariya as the Chief Information Security …

PTI   


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India to host South Africa for five T20Is in June, and all venues have been finalised

India are all set to host the South Africa team for the five T20 match series, which will be played…

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BharatPe removes Ashneer Grover's profile from website after stripping him off the 'founder' title

The About Us page on the website now carries the names of Shashvat Nakrani, Co-Founder, Suhail S…

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Amazon and Future agree to discuss an out of court settlement after nearly 2 years of legal battle

Lawyers of both Future Group and Amazon, who have been in legal tussle since August 2020 over a dea…

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6 mins read

OfBusiness was the only woman led startup that entered the unicorn club this year

It has been raising unicorns since the start of this year. So far 27 startups — ranging from divers…

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3 mins read

Indian markets are the second worst performers this week in Asia hit by the Russia-Ukraine war

Indian markets were the second worst performers in Asia after Hong Kong in the last five trading da…

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Netflix co-founder Reed Hastings announces $1 million donation towards Ukraine relief

"$1m donation on the way for emergency relief to Razom," wrote the Netflix executive, "thanks to…

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India logs 6,561 COVID-19 infections and 142 deaths in a day

India's COVID-19 case tally rose to 4,29,45,160 with 6,561 people testing positive for the infectio…

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Mobikwik IPO is not happening this quarter

Indian payment service provider Mobikwik will not be heading for its initial public offering (IPO) …