Last updated: Oct 25, 2024
- Brand NameMobiKwik
- HeadquarterGurugram
- No. of Employees798
- Industry
Fintech
- Founded Year 2009
- Company StatusActive
- Highlights
- Total Funding₹1837.05 Cr
- Funding Rounds21
- Number of Acquisition1
- FY 2023-24 Revenue₹890.31 Cr
- FY 2023-24 Profit₹14.07 Cr
About MobiKwik
Mobikwik is a fintech company, one of the largest mobile wallets and the largest Buy Now Pay Later (BNPL) players in India. Digitally paying users have been rapidly growing in India in the last decade, but the credit card penetration in the country is still only 3.5%. They are focused on addressing the unmet credit needs of the fast growing digitally paying users by combining the convenience of e.....view more
Business Model of MobiKwik
MobiKwik is a digital wallet and online payment system. Its business model primarily revolves around offering digital wallet services to users and earns revenue through transaction fees and commissions. It diversifies its revenue streams through value-added services and partnerships with merchants and financial institutions.
Key People/Management
Show allBP
Bipin Preet SinghCo-Founder & CEO
UT
Upasana TakuCo-Founder & COO
CJ
Chandan JoshiCo-Founder & CEO Payments
PK
Punita Kumar SinhaDirector
SK
Sayali KaranjkarDirector
NS
Navdeep Singh SuriDirector
Top Competitors
BH
BharatpeU74999DL2018PTC331205
PH
PhonepeU67190MH2012PTC337657
FR
FreechargeU74140DL2015PTC275419
BI
BilldeskU72300MH2000PLC125441
PA
PaytmL72200DL2000PLC108985
Latest News
- Mobikwik reports net profit of Rs 14 crore in FY24, revenue up 62%Aug 19, 2024
- MobiKwik claims to be largest digital wallet player in terms of transaction valueJul 7, 2024
- MobiKwik introduces Pocket UPI to facilitate payments without linking bank accountFeb 26, 2024
- MobiKwik strengthens leadership team for payments businessFeb 6, 2024
- MobiKwik DRHP: To raise Rs 700 Cr via IPO; churns profit in H1 FY24Jan 5, 2024
- MobiKwik files IPO papers again, seeks Rs 700 croreJan 5, 2024
- MobiKwik looks to raise Rs 880 Cr through IPOJan 3, 2024
- Cred, Mobikwik, Groww report strong revenue growth; ‘Fair share of charges from OTTs won’t hit net neutrality’Oct 5, 2023
- MobiKwik revenue goes past Rs 525 Cr mark in FY22Oct 26, 2022
- MobiKwik records Rs 543 crore revenue in FY22, up 80% from last fiscalSep 3, 2022