| Date | Title | Description |
| 02.05.2024 | $20 M raised by right issue for IPO-bound Portea Medical | Portea Medical, a provider of home healthcare solutions, has raised about $20 million through a rights issue. It is raising capital in the midst of preparing to make an initial public offering (IPO).
According to the company’s regulatory fi... |
| 01.05.2024 | Payment Aggregators Urge RBI To Ease KYC Verification Requirement For Merchants | SUMMARY
Fintech startup Decentro has requested the RBI for a complete pushback of the physical KYC verification requirement, with its peers PhonePe, BharatPe and Mobikwik expected to follow the suit
The general consensus among payment aggre... |
| 29.04.2024 | VC Funding to Indian Fintech Companies Drops 57.6% YoY | - |
| 26.04.2024 | Cred introduces offline QR code 'scan & pay' service, kiosks for merchants | - |
| 25.04.2024 | 47% of Indian women face challenges in getting credit: Tide report | - |
| 23.04.2024 | Swiggy aims to raise $1.25b in planned IPO | InvestmentsNews
Lokesh Choudhary · 25 Apr 2024 · 1 min readSwiggy aims to raise $1.25b in planned IPO
Photo credit: Swiggy
After Ola, FirstCry, and MobiKwik, foodtech decacorn Swiggy will be the latest tech company to join India’s IPO pipel... |
| 21.04.2024 | Industry keenly awaiting implementation of 30% UPI market share cap by NPCI | - |
| 17.04.2024 | RBI mandates offline payment aggregators to verify KYC for merchants | - |
| 07.04.2024 | Indian Startups Accelerate Funding with Ola Electric Leading the Charge | Indian startups have been on a funding spree, raising a total of $151.6 million in just one week. Ola Electric, in particular, secured a significant chunk of this funding with a whopping $50 million in debt financing. The enterprisetech sec... |
| 05.04.2024 | RBI Proposes Direct UPI Payments From PPI Wallets | SUMMARY
In order to provide more flexibility to PPI holders, the RBI, in its statement on development and regulatory policies, proposed permitting linking of PPIs through third-party UPI applications
The move is likely to benefit fintech st... |
| 05.04.2024 | RBI to allow third-party apps for UPI payments through PPI wallets | The Reserve Bank of India (RBI) has proposed to permit the linking of prepaid payment instruments (PPIs) with third-party unified payments interface (UPI) applications to make the digital wallet market interoperable.
The move, outlined in t... |
| 01.04.2024 | EV manufacturer Ola Electric raised Rs 410 Cr Debt from EvolutionX | Through EvolutionX’s non-convertible debentures, Ola Electric has raised Rs 410 crore, or roughly $50 million.
In order to raise Rs 410 crore, the board of Ola Electric has decided to issue 41,000 NCDs (non-convertible debentures) at an iss... |
| 01.04.2024 | IPO-bound Ola Electric raises $50 Mn debt from EvolutionX | Ola Electric has raised Rs 410 crore (approximately $50 million) via non-convertible debentures from EvolutionX.
The board at Ola Electric has passed a resolution to issue 41,000 NCD (non-convertible debentures) at an issue price of Rs 100,... |
| 30.03.2024 | Fintech MobiKwik raised Rs 50 Cr Debt funding from Blacksoil Capital | BlackSoil Capital has provided debt totalling Rs 50 crore to the fintech company MobiKwik. The Gurugram-based company has received two debt financing rounds from the same investor in the past two years.
According to MobiKwik’s regulatory fi... |
| 24.03.2024 | BharatPe sees merchant on-boarding surge 77% on month in Feb | Payments platform BharatPe has seen a surge in business following the restrictions imposed by competitor Paytm and its payments bank arm on January 31, 2024.
Also read:BharatPe marks close of $100 m debt round
In February 2024, BharatPe’s m... |
| 22.01.2024 | Deals in brief: Elon Musk denies claims of xAI securing USD 500 million, Tumodo raises USD 35 million, 12 China and India deals, and more | Elon Musk denies claims of xAI securing USD 500 million
On January 20, Bloomberg reported that xAI, an artificial intelligence company founded by Elon Musk in March 2023, has secured USD 500 million in commitments from investors toward a US... |
| 06.01.2024 | Fintech Unicorn MobiKwik Refiles DRHP; To Raise Rs 700 Crore The company had earlier filed its DRHP in July 2021 for a Rs 1,900-crore IPO | - |
| 05.01.2024 | MobiKwik DRHP: To raise Rs 700 Cr via IPO; churns profit in H1 FY24 | Fintech firm MobiKwik has filed a draft red herring prospectus (DRHP) with the market regulator SEBI to raise Rs 700 crore from its initial public offering.
MobiKwik said it may consider a further issue of specified securities including pri... |
| 05.01.2024 | Sequoia-backed MobiKwik refiles DRHP with Sebi for Rs 700 crore IPO | Online payments company One MobiKwik Systems Ltd has refiled its draft red herring prospectus (DRHP) with the markets regulator to raise Rs 700 crore from its initial public offering (IPO), after letting it lapse due to meltdown of new-age ... |
| 05.01.2024 | MobiKwik Files DRHP for Rs 700 Crore IPO, Eyes Fundraising Again | Chennai: Fintech firm MobiKwik has filed a draft red herring prospectus (DRHP) with the market regulator SEBI to raise Rs 700 crore from its initial public offering.
MobiKwik had attempted to go for an IPO earlier in July 2021 when it had f... |
| 05.01.2024 | Indian payments firm MobiKwik files to raise $84M in IPO | The parent company of Indian payments firm MobiKwik has filed to raise ₹700 crore (~$84.2m) through a local IPO.
Why it matters: After several years of volatile markets, the Indian IPO window appears open once again.
Details: One MobiKwik S... |
| 04.01.2024 | Peak XV-backed MobiKwik seeks to raise $84 million in India IPO | Indian financial services startup MobiKwik seeks to raise about $84.2 million through issue of new shares in an initial public offering in the home market, it said in a draft prospectus filed with the local markets regulator Friday.
This is... |
| 04.01.2024 | Will 2023's Renewed Interest In IPOs Continue In 2024? Gurugram-based fintech Mobikwik to raise INR 880 Cr Via IPO | - |
| 03.01.2024 | MobiKwik looks to raise Rs 880 Cr through IPO | Digital payment solutions provider MobiKwik is all set to raise Rs 880 crore via a fresh issue of equity shares through a public offering.
This is the second attempt by MobiKwik to go for an IPO. It filed a draft red herring prospectus (DRH... |
| 14.10.2022 | Amid Uncertainty Over IPO, MobiKwik Raises INR 55 Cr In Debt | MobiKwik raised INR 45 Cr from BlockSoil via two subsidiaries - BlackSoil Capital and BlackSoil India Credit Fund
Karnation picked up 200 NCDs at a face value of INR 10 Lakh each, pumping INR 10 Cr in debt in the fintech player
This comes m... |
| 09.06.2022 | Mobikwik looks to raise $100 million as it delays IPO plans, founder says the ‘markets are not ready’ | The company plans to use the fresh funding for marketing purposes, hiring people and acquiring new businesses.
The fintech startup had raised $20 million last year, at a valuation of $700-$750 million.
A company can go for an IPO within 12 ... |
| 08.06.2022 | Mobikwik seeks to raise $100 million in equity after deferring planned IPO | One Mobikwik Systems Ltd. is in talks with investors to raise as much as $100 million in equity to finance business expansion after it deferred an initial public offering, a founder of the company said.
The Gurugram-based fintech firm, whic... |
| 08.06.2022 | Mobikwik plots $100 million fundraise after delaying IPO | ETtech
New Delhi: Gurugram-based fintech firm Mobikwik is in talks with investors to raise $100 million to expand its business amid a delay in its initial public offering (IPO) plans, Upasna Taku, cofounder of the company, told Bloomberg.
M... |
| 28.04.2022 | MobiKwik Eyes Higher Share of Wallet in Travel; Collaborates with Leading Airlines and OTAs | Gurgaon, Haryana, India
Eminent airline partners include Vistara, SpiceJet, and Indigo
Major online travel companies on-board are ixigo, MakeMyTrip, Goibibo, EaseMyTrip, Yatra, AbhiBus, Zing Bus
MobiKwik, one of the largest mobile wallets a... |
| 08.03.2022 | 🇮🇳 Roundup: IPO-bound Mobikwik’s revenue climbs 86% | FintechNewsStartups
Kul Bhushan · 9 Mar 2022 · 1 min read🇮🇳 Roundup: IPO-bound Mobikwik’s revenue climbs 86%
Startups in India, including Money View and Wellcurve, raised at least US$75 million in funding today from local and international ... |
| 12.11.2021 | MobiKwik Launches 'MobiKwik RuPay Card' in Association with NPCI and Axis Bank | Gurgaon, Haryana, India
MobiKwik, one of the largest mobile wallets and Buy Now Pay Later (BNPL) Fintech companies in India, has collaborated with National Payments Corporation of India (NPCI) and Axis Bank to launch “MobiKwik RuPay Card”. ... |
| 20.10.2021 | MobiKwik Launches "MobiKwik Wali Diwali DealSeManao" | New Delhi, Delhi, India
The company has tied up with renowned retail and online merchants such as Xiaomi, Reliance Fresh, Myntra, Pantaloons, Ajio, Croma, Swiggy, Zomato to name a few to bring cheer to users
Offers are also running across s... |
| 09.10.2021 | MobiKwik receives Sebi approval for Rs 1,900 crore IPO | MobiKwik has received markets regulator Sebi's approval to launch an initial public offering, through which it plans to raise up to Rs 1,900 crore.
The Gurgaon-based company had filed the Draft Red Herring Prospectus (DRHP) for the Initial ... |
| 14.07.2021 | Indian payments start-up MobiKwik targets $255 million raise with IPO | Indian digital payments platform MobiKwik is planning an initial public offering (IPO) with the aim of raising up to $255 million.
MobiKwik’s payments network is one of the largest in India
MobiKwik launched its mobile wallet in October 201... |
| 13.07.2021 | The great inflation debate | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbofx.
Paid Content Change your marketer experience and unleash growth for your business From Optimizel... |
| 13.07.2021 | MobiKwik Files DRHP For INR 1,900 Cr IPO | July 13, 2021 3 min read
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
MobiKwik has announced on Tuesday to have filed its draft red herri... |
| 13.07.2021 | Bajaj-Backed MobiKwik Files For Rs 2600 Crore IPO; Is It Paytm IPO Vs MobiKwik IPO Now? | Bajaj-Backed MobiKwik Files For Rs 2600 Crore IPO; Is It Paytm IPO Vs MobiKwik IPO Now?
On Monday, the digital payments firm Mobikwik, backed by Sequoia Capital and Bajaj Finance, filed a draft red herring prospectus (DRHP) for an IPO of up... |
| 13.07.2021 | Indian digital payment startup MobiKwik files DRHP for USD 255 million IPO | Digital payments startup MobiKwik is looking to raise INR 19 billion (USD 255 million) through an initial public offering (IPO), the company said in its draft red herring prospectus (DRHP) filed with the market regulator Securities and Exch... |
| 13.07.2021 | Four Indian Fintechs to Raise up to $3 Billion via IPOs This Year | The Fintech sector in India is getting greener by the day. At least four large Indian fintechs are readying themselves for a big bang public listing this year as the Covid-triggered pandemic has accelerated the growth of these companies. To... |
| 12.07.2021 | Indian financial services firm MobiKwik looks to raise $255 million in IPO | Gurgaon-based mobile wallet service firm MobiKwik plans to raise up to $255 million in an initial public offering, becoming the latest Indian startup to explore the public markets.
The 12-year-old firm, which counts Sequoia Capital India an... |
| 12.07.2021 | Payments firm MobiKwik files for ₹1,900 crore IPO, reportedly to seek $1 billion valuation | The company has made its submissions to the SEBI on Monday.
It plans to raise ₹1,500 crore through a fresh issue.
American Express and the company’s founders will be looking to sell a part of their shareholdings with the IPO.Digital wallet ... |
| 12.07.2021 | Mobikwik files DRHP for Rs 1,900 crore IPO; Offer include OFS of Rs 400 crore | Mobikwik files DRHP for Rs 1,900 crore IPO; Offer include OFS of Rs 400 crore
Key Highlights
According to draft documents, Rs 1,500 crore will be primary share sales, while Rs 400 crore will be secondary
Mobikwik was valued at $700 million ... |
| 12.07.2021 | Mobikwik files draft prospectus for $255 mn IPO | Ankit Agarwal 12 Jul, 2021
Digital payments firm Mobikwik, backed by Sequoia Capital and Bajaj Finance, filed for an IPO of up to Rs 1,900 crore ($255 million) with the markets regulator on Monday.
The IPO includes a portion of fresh issuan... |
| 12.07.2021 | India's Mobikwik files for $255 million IPO | The IPO includes the issue of new shares worth 15 billion rupees and an offer for sale of shares worth up to 4 billion rupees, diluting the stakes of its two founders and current investors, which also include American Express, Cisco and Tre... |
| 12.07.2021 | Payments firm MobiKwik files for ₹1,900 crore IPO, reportedly to seek $1 billion valuation | Advertisement
The company has made its submissions to the SEBI on Monday.
It plans to raise ₹1,500 crore through a fresh issue.
American Express and the company’s founders will be looking to sell a part of their shareholdings with the IPO.D... |
| 29.06.2021 | Gurugram-based fintech Mobikwik raises $20 million from ADIA at over $700 million valuation | - |
| 27.06.2021 | ADIA picks up minority stake in Mobikwik at valuation of $700 million | Mobikwik was recently in the news for an alleged data breach, following which the Reserve Bank of India (RBI) ordered a forensic audit.
Mumbai: The Abu Dhabi Investment Authiority (ADIA) has picked up a minority stake in the IPO-bound Mobik... |
| 27.06.2021 | Mobikwik raises $20 million from ADIA at over $700 million valuation | Mobikwik was recently in the news for an alleged data breach, following which the Reserve Bank of India (RBI) ordered a forensic audit.
Mumbai: Mobikwik has closed a $20 million (Rs 150 crore) funding round from Abu Dhabi Investment Authori... |
| 10.06.2021 | MobiKwik to raise $20 mn pre-IPO round from Abu Dhabi Investment Authority | Binu Paul 10 Jun, 2021
Gurugram headquartered One MobiKwik Systems, which operates digital payments platform MobiKwik, is set to raise Rs 149 crore ($20 million) from United Arab Emirates based sovereign wealth fund Abu Dhabi Investment Aut... |
| 14.04.2021 | 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 the past three weeks with $7.2 million raised in Ma... |
| 30.03.2021 | MobiKwik investigating data breach after 100M user records found online | MobiKwik said on Tuesday it was investigating claims of data breach after a website claimed to have exposed private information of nearly 100 million users of the Indian mobile payments startup.
Over the weekend, a site on the dark web clai... |
| 05.12.2020 | Indian Fintech MobiKwik, which Offers Digital Credit and Payment Cards, Secures $7M with Contributions from InfoSys Co-Founder | Fintech company MobiKwik has acquired Rs 52 crore (appr. $7 million) in capital through an investment round led by Hindustan Media Ventures, the investment division of HT Group.
The round included contributions from Infosys Co-Founder Kris ... |
| 04.12.2020 | MobiKwik raises Rs 52 cr from HT group, Kris Gopalakrishnan's family office | ETtech
Fintech firm MobiKwik on Friday said it has raised Rs 52 crore in funding, led by Hindustan Media Ventures, the investment arm of HT group. The funding round also saw participation from Infosys co-Founder Kris Gopalakrishnan's family... |
| 04.12.2020 | MobiKwik raises Rs 52 cr from HT group, Kris Gopalakrishnan's family office | Fintech firm MobiKwik on Friday said it has raised Rs 52 crore in funding, led by Hindustan Media Ventures, the investment arm of HT group.
The funding round also saw participation from Infosys co-Founder Kris Gopalakrishnan's family office... |
| 04.12.2020 | Fintech Company MobiKwik Raises Rs 52 Crore From HT Group, Kris Gopalakrishnan's Family Office | Advertisment
Commenting on the fresh funding, Bipin Preet Singh, Co-founder & CEO, MobiKwik, said, The HT group and Kris coming on board is … an endorsement in our business model of bringing digital credit to 100 million Indians. We ar... |
| 04.12.2020 | Homegrown Fintech Platform MobiKwik Raises INR 52 Cr Led By Hindustan Media Ventures | December 4, 2020 2 min read
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Gurugram-based fintech platform MobiKwik on Friday announced that it has raised INR 52 crore in a fresh round of funding that w... |
| 04.12.2020 | [Funding alert] MobiKwik raises Rs 52 Cr from the HT group and Kris Gopalakrishnan’s family office | MobiKwik raised funding of Rs 52 crore led by Hindustan Media Ventures, the investment arm of HT Group, with participation from Infosys Co-founder Kris Gopalakrishnan’s family office Pratithi.
The Gurugram-based fintech startup said that it... |
| 04.12.2020 | One Mobikwik Systems Private Limited announced that it has received INR 520 million in funding from Hindustan Media Ventures Limited, and another investor | On December 4, 2020, One Mobikwik Systems Private Limited closed the transaction. The company raised INR 105,008,750 in its second tranche closing, bringing the total gross proceeds raised in the transaction to INR 520,000,000. The transact... |
| 08.04.2020 | 10 Fastest Growing Fintechs in India According to IDC | IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets.
IDC’s FinTech Fast 101 research refers to fast-... |
| 01.04.2020 | Mobile payments firms in India are now scrambling to make money | Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference.
“What do you think of the commercial model for digital mobile payments. How do we make mo... |
| 24.03.2020 | India: Digital payments company MobiKwik raises $30m in fresh financing | Premium
Digital payments service provider MobiKwik is raising about $30 million (Rs 223 crore) in fresh financing in an equity-cum-debt deal to fuel its expansion plans.
Continue reading this story with a subscription to DealStreetAsia.
Sub... |
| 23.03.2020 | MobiKwik scoops up $29.5 mn in a fresh funding round | Shashank Didmishe 23 Mar, 2020
Gurugram headquartered One MobiKwik Systems, which owns an eponymous digital payments platform, has raised $29.5 million (Rs 224 crore at current exchange rates) in a combination of debt and equity issue from ... |
| 06.03.2020 | Exclusive: MobiKwik raises $1.5 mn from new investors; valuation crosses $300 mn | Shashank Didmishe 6 Mar, 2020
One MobiKwik Systems, the Gurugram-based company which owns online payments platform MobiKwik, has raised $1.5 million from new investors Nicholas Jarroson, associate director at Abu Dhabi-based infrastructure ... |
| 15.07.2019 | MobiKwik raises Rs 8.7 Cr from NDTV and Trifecta Capital | Digital payments space in India is hyper-competitive with Paytm, PhonePe, and Google Pay battling out for a larger market share. Since cut throat competition results in a huge burn, all players need consistent fund infusions either by exter... |
| 17.06.2019 | India’s payments firm MobiKwik kick-starts its international ambitions with cross-border mobile top-ups | MobiKwik, a mobile wallet app in India that has expanded to add several financial services in recent years, said today it plans to enter international markets as it approaches profitability with the local operation. The company is kick-star... |
| 18.12.2018 | Exclusive: Mobikwik raises over $3 million in bridge round led by Sequoia | With players like Paytm, Mobikwik, and PhonePe launching new services and features every day to outdo each other, digital payments space is laden with intense competition.
However, as much as these services help fight competition, they dry ... |
| 14.12.2018 | 10 Hot Fintech Startups from India to Watch Closely | India’s fintech ecosystem has evolved significantly with considerable efforts from financial institutions, startups, the government, venture capitalists and regulators to create a favorable environment for fintech innovation that’s conduciv... |
| 18.10.2018 | MobiKwik Acquires Clearfunds to Enter Wealth Management | MobiKwik, an Indian full-stack fintech platform, acquired Clearfunds, a Mumbai, India-based online wealth management platform.
The acquisition will enable MobiKwik to enter the wealth management business. It will be investing US$15m over th... |
| 03.10.2018 | Mobikwik launches ‘Boost’ to offer upto Rs 60,000 instant loan | Digital payments company Mobikwik has announced instant credit loan in the range of Rs 5,000-60,000 for its customers. With partnering NBFCs, the new offering called ‘Boost’ will sanction as well as disburse loan in a matter of 90 seconds, ... |
| 30.05.2018 | Top 10 Most Well-Funded Fintech Startups In India | In the past years, fintech has emerged as one of the hottest sectors in India’s Internet play with funding pouring in and global players like Google and WhatsApp looking to getting a piece of the pie. NASSCOM predicts that the Indian fintec... |
| 07.02.2018 | MobiKwik launches B2B product Magic, eyes Rs 100 Cr revenue in 18 months | Digital mobile wallet firm MobiKwik has launched a SaaS-based B2B product Magic to expand its horizons and aims to clock a revenue of Rs 100 crore in the next 18 months.
The Gurugram-based company is all set to invest $10 million to launch ... |
| 17.01.2018 | MobiKwik raises $40 m in funding | Investment by South Africa’s Net1 also gives the start-up access to its virtual card technology
Johannesburg-headquartered Net1 on Friday said it would invest $40 million in mobile-wallet provider MobiKwik. This strategic investment is part... |
| 08.10.2017 | 10 Fast Growing Fintechs in India | IDC Financial Insights today unveiled a list of 10 fast growing fintechs in India as part of the broader IDC FinTech 101 list for Asia/Pacific.
IDC’s “FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on ext... |
| 04.10.2017 | After Paytm, PayU, digital wallet MobiKwik ties up with IRCTC app | Digital mobile wallet company MobiKwik through its payment gateway, Zaakpay, has partnered with IRCTC’s Rail connect app.
The tie-up is aimed at simplifying payment systems by introducing MobiKwik’s easy-to-use interface for all, which supp... |
| 24.08.2017 | Ezetap, racing against bigger rivals like Paytm, just raised $16 million in fresh funding | There are more than 1 billion cellphone users in India. The country also abruptly went cashless last November, when Prime Minister Narendra Modi announced that millions of high-denomination currency notes would no longer be legal tender.
Th... |
| 03.08.2017 | MobiKwik raises Rs 225 Cr from NBFC firm Bajaj Finance | After some speculation in media, mobile-based payment company MobiKwik has announced to raise Rs 225 crore from Bajaj Finance.
The non-banking finance company (NBFC) Bajaj Finance announced the investment on Bombay Stock Exchange stating th... |
| 02.08.2017 | Bajaj Finance buys stake in MobiKwik at $327 mn valuation | Bajaj Finance Ltd said on Wednesday it will acquire a 10.83% stake in mobile wallet company MobiKwik for about Rs 225 crore ($35.4 million).
The non-banking financial company said in a stock-exchange filing that it has entered into an agree... |
| 15.06.2017 | India’s MobiKwik is raising new funding at $1B valuation to battle payment rival Paytm | With high-profile investments from Alibaba and SoftBank fueling an impressive growth story since demonetization last year, you could be forgiven for thinking that Paytm has India’s payments market sewn up. But at least one company will agre... |
| 09.05.2017 | India: BlackRock set to invest in Mobikwik, puts valuation at $1b | Premium
One Mobikwik Systems Pvt. Ltd, an Indian digital payments service provider, is set to raise funds from investors including BlackRock Inc. valuing the company at about $1 billion, a person with direct knowledge of the matter said.
Co... |
| 08.02.2017 | MobiKwik in talks to raise funds, targets $1 bn valuation | Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level that would give the start-up a $1 billion valuation, as it pushes to forge new ties with banks and offer new financial services on it... |
| 23.01.2017 | 7 Fintech Startups in India to Know | With more than 400 companies including 200 startups, India has quickly emerged as a fintech products hub. In 2015, these ventures attracted US$420 million in funding, according to a report by the National Association of Software and Service... |
| 29.12.2016 | All In: MobiKwik Hits Million Merchants on Payment Network | Indian mobile wallet platform MobiKwik announced that it had signed the millionth merchant on its payment network, registering 1,000 percent growth since the demonetization of high value currency notes. The company recently partnered with A... |
| 13.10.2016 | Indian Fintecher MobiKwik’s UPI Takes Off, Partners with ICICI Bank | India-based mobile wallet company MobiKwik announced the launch of a UPI (Unified Payments Interface) on its platform which enables users to access online payments with added services including netbanking, wallets, and credit/debit cards. I... |
| 27.08.2016 | Mobikwik secures $40 million funding from Nasdaq-listed Net1 | MobiKwik allows users to load money into a digital wallet using cash, loyalty points, debit card, credit card and net banking, after which it can be utilized to make purchases online. Photo: Priyanka Parashar/Mint
Mobikwik secures $40 milli... |
| 26.08.2016 | Net1 to invest up to $40 million in India's MobiKwik over 2 years | By Reuters Staff
1 Min Read
MUMBAI (Reuters) - Payment services provider Net1 UEPS Technologies Inc will invest up to $40 million in Indian mobile wallet services provider MobiKwik over the next 24 months, the companies said in a joint stat... |
| 26.08.2016 | India’s MobiKwik lands $40M from NASDAQ-listed payment firm Net1 | India-based mobile wallet startup MobiKwik has landed a $40 million strategic investment from Net1, a mobile payment firm specializing in solutions for the unbanked. Net1 has been listed on the NASDAQ since 2005 and is valued at around $480... |
| 26.08.2016 | MobiKwik Raises up to $40M Investment from Net 1 UEPS Technologies | MobiKwik Systems Private Limited, an Indian independent mobile payments network, raised an investment from Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1).
Net1 will invest up to $40 million in MobiKwik over the next 24 months. In a... |
| 09.05.2016 | MobiKwik Raises $50M in Funding | MobiKwik, an Indian mobile wallet company, raised a new round of funding.
Backers included GMO Payment Gateway, through GMO Global Payment Fund, fabless semiconductor company MediaTek, and global vc firm Sequoia.
The round reportedly amount... |
| 03.05.2016 | MobiKwik raises $50 million from Japanese firm GMO, Taiwan’s MediaTek, others | MobiKwik allows users to load money into a digital wallet using cash, loyalty points, debit card, credit card and Net banking, after which it can be utilized to make purchases online.
MobiKwik raises $50 million from Japanese firm GMO, Taiw... |
| 03.05.2016 | India’s MobiKwik raises $50M for its mobile wallet service | The increase of smartphone ownership in India is fueling the rise of mobile wallets in the country. One company leading the charge, MobiKwik, has topped up its own funds with a $50 million Series C round announced today.
Primarily a mobile ... |
| 03.05.2016 | MobiKwik gets $50M from Japan’ GMO, Taiwan’s MediaTek, others | Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik, has raised $50 million in its Series C round led by Japan's GMO Payment Gateway and Taiwanese semiconductor company MediaTek... |
| 25.04.2016 | Indian digital payments company TranServ gets $15M to launch new financial products | TranServ, one of several companies digitizing payments in India, said today that it has secured a Series C of $15 million to develop new financial products. The round was led by IDFC Spice Fund and Micromax Informatics. Returning investors ... |
| 17.03.2016 | 4 fintech trends from emerging economies | The phenomenon of innovations from the emerging world making great impact in developed markets, popularly known as “reverse innovation”, has been keenly observed since the 80’s. Read on to learn which trends in fintech from emerging economi... |
| 29.12.2015 | Daily funding roundup - December 29, 2015 | Poseida Therapeutics secured $23M; Bellhops, Inc raised $13.5M; PastBook received $380k financing
PastBook, an Amsterdam based social media memory preservation platform, raised an additional $380,000 in seed funding. Backers included variou... |
| 12.07.2015 | Uber Begins Accepting Credit Card Payments Again In India | In a subtle move that’s likely to be well received by its most loyal users, Uber has begun accepting payment by credit card in India again. Legislation forced it to switch to an in-app wallet payment system, which will still be supported, l... |
| 10.04.2015 | Funding roundup - week ending 4/10/15 | Joya, ZenPayroll, RealtyShares, Global Fashion Group, RedSeal, MobiKwik, Accreon, Rubicon Labs, Domo
Seed stage
Fliptu raised $1.2 million in seed funding from investors that included Scout Ventures, Rick Dalzell, Rich Heise, Hivers & S... |
| 09.04.2015 | Online recharge & mobile wallet MobiKwik raises $25M from Tree Line, others | Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik, has raised $25 million (over Rs 150 crore) in a Series B round of funding led by Tree Line Asia, it said on Wednesday.
Cisco... |
| 08.04.2015 | India: MobiKwik Raises $25 Million; PIF India Renews Focus on Financial Inclusion (April 8, 2015) | With a fresh infusion of cash, Indian payment startup MobiKwik plans to invest in data analytics, brand building and growing its network of mobile wallet users and merchants, according to reports. MobiKwik announced it has raised nearly $25... |
| 07.04.2015 | Indian Payments Startup MobiKwik Nabs $25M From Tree Line, Cisco, AmEx And Sequoia | The rise of e-commerce in India has triggered a wave of startups that are leveraging the increasing adoption of smartphones to provide mobile payment solutions. Alibaba invested in Paytm at an apparent billion dollar valuation earlier this ... |
| 05.02.2015 | MobiKwik in talks with venture funds to raise a large round | Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik.com, is in advanced talks with venture capital firms to raise a large round of funding.
Although sources close to the develop... |
