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 Amul and NASVI to facilitate acceptability and adoption of digital mode of payments.
“We are committed to solve everyday problems of users and have introduced several new features to address concerns in adoption and enhance security and user interface. We have launched MobiKwik lite, which is India’s lightest wallet that works with minimum data connectivity and on any smartphone,” shared MobiKwik Co-Founder Upasana Taku. “To promote adoption, we also embarked on a mission, the ‘Cashless Bharat Abhiyaan’, under which our team is organising training camps for merchants and users in every city of India…We are very proud that cashless consumer transactions also are on a dramatic upswing due to spreading digital literacy”
In addition to English, Hindi and Gujarati, MobiKwik plans to introduce ten additional language versions of the MobiKwik LITE app by early next year to enable more consumers adopt digital mode of payments.
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Reg A - Form 1-A Filings Beta
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025
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Number of Filings132Prior 128 +3.1%
Target Raise, Total$3.44BPrior $3.56B -3.5%
This YTD
Year prior
Change
Filings
132
128
+3.1%
Target raise
$3.44B
$3.56B
-3.5%
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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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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 Amul and NASVI to facilitate acceptability and adoption of digital mode of payments.“We are committed to solve everyday problems of users and have introduced several new features to address concerns in adoption and enhance security and user interface. We have launched MobiKwik lite, which is India’s lightest wallet that works with minimum data connectivity and on any smartphone,” shared MobiKwik Co-Founder Upasana Taku. “To promote adoption, we also embarked on a mission, the ‘Cashless Bharat Abhiyaan’, under which our team is organising training camps for merchants and users in every city of India…We are very proud that cashless consumer transactions also are on a dramatic upswing due to spreading digital literacy”
