MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors Sequoia Capital and Asia-focused hedge fund Tree Line Asia. The company will use the newly raised capital for rapid product innovation, ramping up the team and user growth.
“We are very excited to live up to the investors’ expectations and raise the funding. MobiKwik is a dominating player in the Indian mobile payments space and continues its consistent growth trajectory while staying true to its DNA of rapid product innovation and capital efficiency. Our valuation too has significantly increased,” commented MobiKwik Founder and CEO Bipin Preet Singh.
Founded in 2009 by Singh and Upasana Taku, MobiKwik enables users to pay for their mobile recharge and bill payments. The platform has partnered with over 50,000 businesses such as Café Coffee Day, PVR, Domino’s Pizza, Pizza Hut, TastyKhana, JustEat, eBay, Jabong, Snapdeal, ShopClues and HomeShop18.
GMO is Japan’s leading payment gateway and MediaTek is the world’s leading semiconductor company. GMO Payment Gateway has made this investment through GMO Global Payment Fund, an investment made, according to the release, in an attempt to form a new strategic business partnership with a “promising and growing company in India.”
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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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MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors Sequoia Capital and Asia-focused hedge fund Tree Line Asia. The company will use the newly raised capital for rapid product innovation, ramping up the team and user growth.“We are very excited to live up to the investors’ expectations and raise the funding. MobiKwik is a dominating player in the Indian mobile payments space and continues its consistent growth trajectory while staying true to its DNA of rapid product innovation and capital efficiency. Our valuation too has significantly increased,” commented MobiKwik Founder and CEO Bipin Preet Singh.
