Search Results for: mobikwik

December 5, 2020 @ 3:00 pm By Omar Faridi  |  

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 Gopalakrishnan’s family office, Pratithi. The funds raised will be… Read More

June 18, 2019 @ 3:02 am By JD Alois  |  

MobiKwik has partnered with DT One (formerly TransferTo) to expand internationally. MobiKwik is an India-based Fintech in the payments space. DT One One is a global B2B network for “mobile top-ups/recharge, rewards and airtime credit services.” Indian users will now be able to add money… Read More

July 24, 2018 @ 7:38 am By Erin Hobey  |  

In the last few months, MobiKwik’s CPO Rohan Khara, CBO Vineet Singh and CMO Daman Soni, resigned from the platform. This week, CRO Puneet Agarwal also called it quits. “MobiKwik is evolving to become India’s largest digital financial services platform. We are in the process of rejigging… Read More

April 3, 2018 @ 10:53 am By Erin Hobey  |  

Digital payments services are now live on India’s Microsoft Kaizala. By integrating the payment and both organizations’ mobile payment infrastructure services of Yes Bank and MobiKwik, Microsoft Kaizala users may swiftly send or receive money without having to leave the Kaizala mobile app. With Microsoft Kaizala, users will… Read More

July 18, 2017 @ 11:02 am By Erin Hobey  |  

Indian mobile wallet MobiKwik has linked with Samsung Pay, integrating with Samsung Pay Mini to enable one-tap payments at merchants using Mobikwik. “We are enthused by the tremendous response Samsung Pay has received since its launch, both from our consumers as well as partners. Moving… Read More

June 13, 2017 @ 5:04 am By Erin Hobey  |  

India-owned telecom company Bharat Sanchar Nigam Limited (BSNL) and Indian mobile wallet platform MobiKwik have synced to develop BSNL’s mobile application, according to a release. MobiKwik will co-create BSNL wallet, a new semi-closed wallet to facilitate payment and also sell BSNL products. “We are proud to associate with BSNL in… Read More

May 9, 2017 @ 8:07 am By Erin Hobey  |  

One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More

April 25, 2017 @ 6:56 am By Erin Hobey  |  

According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an additional $200 million (nearly Rs 1,300 crore) injection from an unnamed Chinese investor. FreeCharge, part of online marketplace Snapdeal, has reportedly been seeking a buyer for some time, having recently… Read More

March 9, 2017 @ 4:41 am By Erin Hobey  |  

Yesterday, on International Women’s Day, MobiKwik co-founder Upasana Taku wrote to Indian Prime Minister Narendra Modi, urging him to consider the passage of Women’s Reservation Bill, which is aimed to reserve 33% of seats in Lok Sabha and all state legislative assemblies for women. Taku indicted that Mobikwik… Read More

February 9, 2017 @ 6:06 am By Erin Hobey  |  

Mobile payments and digital wallet firm MobiKwik is reportedly  in talks to raise funding that would give the startup a $1 billion valuation, forging new ties with banks and offering new financial services on its growing platform, according to multiple news sources. Potential investor parties and sought funding… Read More

December 29, 2016 @ 8:37 am By Erin Hobey  |  

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… Read More

October 25, 2016 @ 8:32 am By Erin Hobey  |  

No transaction fees until 2017! The India-based online recharge and mobile wallet company MobiKwik announced that it is waving its per transaction fee for all unorganized retail merchants until December 31 to promote the adoption of e-cash among the local grocery stores, chemists, apparel stores… Read More

October 20, 2016 @ 4:43 am By Erin Hobey  |  

Moving from fintech to farmtech. Online meat brand ZappFresh has appointed former MobiKwik executive Ankur Shrivastava as the CTO where he will be responsible for building a 360 degree farm tech supply chain architecture and developing technology and processes for farmtech which will help connect farmers, vendors… Read More

October 13, 2016 @ 4:50 am By Erin Hobey  |  

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. In addition, MobiKwik entered into a partnership with ICICI Bank which allows users to load money into their… Read More

October 4, 2016 @ 4:52 am By Erin Hobey  |  

India-based mobile wallet company MobiKwik has entered the short-term consumer loan segment, claiming to be the first wallet company in India to roll out this service, according to the release. Users may also register themselves for EMIs. The approval for each loan request will be done within thirty… Read More

May 3, 2016 @ 11:51 am By Erin Hobey  |  

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… Read More

April 30, 2022 @ 12:30 pm By Omar Faridi  |  

KreditBee, which claims to be one of India’s “leading” Fintech platforms, recently announced the launch of ‘KreditBee 24K Gold’, a digital gold investment product. Clients may “securely” purchase digital gold “with 99.5% purity at live market rates with a single tap on the KreditBee app.”… Read More

July 13, 2021 @ 10:16 pm By Priyanka Pani  |  

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. Together, these startups could raise anything… Read More

June 7, 2021 @ 7:06 pm By Priyanka Pani  |  

Alibaba-backed One97 Communications, which owns mobile payments firm Paytm, has received a green nod from its board to go public. In a letter to all its stakeholders and employees having stock options, the company said it had received in-principle approval from its board to issue… Read More

December 17, 2020 @ 11:11 pm By Omar Faridi  |  

The Securities and Exchange Board of India (SEBI), the regulator of the nation’s securities and commodities market, announced on Wednesday (December 16, 2020) that it has updated guidelines related to establishing asset management companies (AMCs) for Fintech firms and other startups. SEBI confirmed that it… Read More