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Ahead of IPO, Mobikwik scouts for investor; eyes profit next Fiscal

Ahead of IPO, Mobikwik scouts for investor; eyes profit next Fiscal

Sun, Jun 16, 2019

Mobikwik is aiming to be profitable next fiscal and is looking to on-board an investor who will help it go public in the next three years, a top official has said. The company, whose competitors include deep pocketed and aggressive players like the Alibaba-backed Paytm, had doubled revenue in FY19 to Rs 184.6 crore.

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MobiKwik powers Bajaj Finserv Wallet: How you can get up to Rs 3,000 cashback

MobiKwik powers Bajaj Finserv Wallet: How you can get up to Rs 3,000 cashback

Fri, Jun 14, 2019

Bajaj Finance Ltd, the lending arm of Bajaj Finserv collaborated with MobiKwik to take the Bajaj Finserv Wallet to over 2 million online and offline MobiKwik merchant network stores.

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Digital payments: MobiKwik registers 400% growth in fund transfer

Digital payments: MobiKwik registers 400% growth in fund transfer

Mon, Jun 10, 2019

In May 2019, MobiKwik has clocked Rs 362 crore in GTV In the IMPS fund transfer category. 

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Now, insure contents of your home for just Rs 25/month

Now, insure contents of your home for just Rs 25/month

Fri, May 17, 2019

ICICI Lombard and Mobikwik have reportedly joined hands to insure "home contents". 

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Rs 2-lakh insurance by paying just Rs 20? All details here

Rs 2-lakh insurance by paying just Rs 20? All details here

Tue, Apr 23, 2019

Life insurance sector only covers about 25 per cent of India's population and the rest 75 per cent of Indians are not covered by any form of life insurance.

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Get Rs 60,000 instantly! Festive shopping made easy! How you can get this boost

Get Rs 60,000 instantly! Festive shopping made easy! How you can get this boost

Wed, Oct 03, 2018

Now, you can get Rs 60,000 instantly in your mobile wallet! You can transfer the amount to your bank account as well.

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Buying petrol, diesel? Save up to Rs 100 on bills today - Here's how

Buying petrol, diesel? Save up to Rs 100 on bills today - Here's how

Wed, Sep 19, 2018

If you are buying petrol today, here's a good news. You can save up to Rs 100 on your bill by making payment with MobiKwik. 

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Next desi unicorns: Oyo, Practo, BigBasket, Byju, Mobikwik race to join $1 billion club

Next desi unicorns: Oyo, Practo, BigBasket, Byju, Mobikwik race to join $1 billion club

Mon, Aug 13, 2018

If you are a student or an employee working in a different city than the one where your family stays, then this Bengaluru based-start-up will provide you with your basic needs of roti and  makan .

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ATM cash crunch: Mobile wallet cos see spike in digital transactions

ATM cash crunch: Mobile wallet cos see spike in digital transactions

Wed, Apr 18, 2018

One97 Communications, which owns the Paytm brand, said it has seen a 30  per cent  surge in transactions from several cities across India compared to the last month.  It added that this growth has been registered from major parts of states like Andhra Pradesh, Bihar, Gujarat, Assam, Karnataka, Maharashtra, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana, among others

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Reliance Jio to sell JioPhone on MobiKwik platform

Reliance Jio to sell JioPhone on MobiKwik platform

Sat, Feb 10, 2018

On successful payment, users will get a confirmation SMS from Jio with transaction details and another SMS with store details from where they can collect JioPhone after identity verification

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Can PhonePe's new PoS be a game-changer for UPI?

Can PhonePe's new PoS be a game-changer for UPI?

Wed, Nov 01, 2017

The device is designed as an electronic calculator to make it easy for shopkeepers to use them.

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Back to nought: Cash is slowing eating away mobile wallets' party

Back to nought: Cash is slowing eating away mobile wallets' party

Tue, Oct 10, 2017

Mobile user base growth slowed down to 9% in Q2 from a huge 23% growth in the Q1.

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Adoptions rise but mobile wallets still less than 1% of all digital transactions

Adoptions rise but mobile wallets still less than 1% of all digital transactions

Fri, Aug 25, 2017

Mobile wallets that were glorified during the demonetisation era were just 1% of overall value transactions in FY17. 

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BSNL unveils mobile wallet for subscribers

BSNL unveils mobile wallet for subscribers

Fri, Aug 18, 2017

The digital wallet, developed by MobiKwik for BSNL, is in line with the telecom corporation's intent to take the reach of digital payments to semi-urban and rural India, a BSNL statement said.

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MobiKwik eyes raising $100 million in funding this year

MobiKwik eyes raising $100 million in funding this year

Sun, Aug 06, 2017

MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.

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After Axis Bank acquires Freecharge, Bajaj Finance buys stake in MobiKwik for Rs 225 crore

After Axis Bank acquires Freecharge, Bajaj Finance buys stake in MobiKwik for Rs 225 crore

Thu, Aug 03, 2017

Just a few days after Axis Bank acquired Freecharge, now NBFC Bajaj Finance has brought nearly 11% stake in another digital wallet company MobiKwik. 

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Here's how Freecharge acquisition will bolster Axis Bank's digital arm

Here's how Freecharge acquisition will bolster Axis Bank's digital arm

Thu, Jul 27, 2017

Axis Bank announced on Thursday that it acquired Freecharge from Snapdeal in an all-cash deal for Rs 385 crore.

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MobiKwik partners Samsung Pay for select devices

MobiKwik partners Samsung Pay for select devices

Sun, Jul 16, 2017

As part of the tie-up, MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments at more than 1.4 million MobiKwik-powered merchants across the country, the digital payments firm said in a statement.

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How Snapdeal's downfall is Paytm's gain with FreeCharge

How Snapdeal's downfall is Paytm's gain with FreeCharge

Thu, May 11, 2017

While there had been speculation earlier that Paytm was looking to buy Freecharge, this latest development puts all rumours to rest.

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Flipkart stands to gain from the alleged FreeCharge, MobiKwik merger

Flipkart stands to gain from the alleged FreeCharge, MobiKwik merger

Mon, Apr 24, 2017

Flipkart, which is advanced talks with Snapdeal's largest investor SoftBank for its acquisition, could stand to benefit from this deal the most.

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