Tag "Mobikwik"
MobiKwik IPO: Things You Need To Know About INR 1900 Crores Offering
Digital payments firm MobiKwik has filed for an IPO of up to Rs 1,900 crore ($255 million) with the markets regulator on Monday. The MobiKwik IPO is the second digital payment platform after Paytm’s filing for a Diwali-IPO. The digital
Startups IPO: Eight Brands ready to take the public route in FY 2021-22
The year 2020-21 has been an ominous one, many people will agree. But it also brought about a certain change in the air of the startup ecosystem. There has been a boom in investments and consumer interest. In fact, the
Data of 35 lakh MobiKwik users available on Dark Web; Company denies claim
Financial details of almost 35 lakh MobiKwik users is available on the Dark Web for sale, according to independent cybersecurity researcher Elliot Alderson. In February, security researcher Rajshekhar Rajaharia also flagged the same issue, which the company had denied at
Aegon Life Announced Partnership with MobiKwik to Launch a Rs 20 Smart Digital Insurance Product
In a bid to enable financial inclusion and ease of buying for the Indian masses, Aegon Life Insurance, pioneer of digital insurance in India and MobiKwik, India’s leading FinTech Company, have joined hands to launch a Rs. 20 smart digital
MobiKwik brings in experienced executives to strengthen offline expansion
Digital payments company MobiKwik has hired a string of top-level executives to expand its offline digital business and help strengthen its technology platform to support such payments. The company said it has hired Rahul Lodha, co-founder of home design and
MobiKwik integrates its payment gateway into the IRCTC app
Digital payments firm MobiKwik is integrating its payment gateway, Zaakpay into the IRCTC’s Rail Connect app to enable customers book train tickets using MobiKwik’s payment gateway. MobiKwik’s payment method currently empowers more than 3,000 e-commerce websites and apps. “Our association with
Bajaj Finance invests Rs 225cr in MobiKwik for 11pc stake
Bajaj Finance is picking up nearly 11 percent stake in mobile wallet company MobiKwik by investing Rs 225 crore. Bajaj Finance made the corporate announcement on BSE on Wednesday stating that it had “entered into a Subscription Agreement with One MobiKwik Systems
MobiKwik partners Samsung Pay to enable one-tap payment solutions
MobiKwik has partnered Samsung Pay to make its payment solutions available on Samsung Pay app. The mobile wallet company has integrated its wallet into Samsung Pay Mini, a mobile payment platform focussed on Samsung’s budget and mid-range phones. MobiKwik’s mobile wallet will also be soon available to
Amazon India gets digital wallet licence; to take on Paytm and Flipkart’s PhonePe
Online marketplace Amazon India has been granted licence from the Reserve Bank of India (RBI) to operate a prepaid payment instrument (PPI), becoming the latest entrant into the country’s growing FinTech segment. “We are pleased to receive our PPI license from
MobiKwik to invest Rs 300cr to increase user base
Mobile wallet company MobiKwik is aiming for 150 million users by the year end from its current user base of 50 million. And to achieve this mark, the company has announced an investment of Rs 300 crores. The increase in
Tech and e-comm startups hail Budget 2017
Sensex closed at a high of 486 points after ‘Union Budget 2017’ which means it has got a nod from the investors as well. The budget 2017 has set the goals straight as India takes head-on the challenging global economic
Jasper Infotech invests Rs 390cr in FreeCharge
Jasper Infotech that also owns and operates online marketplace Snapdeal has invested around Rs 390 crore ($57 million) into FreeCharge, according to a report in The Economic Times quoting a filing submitted to the Registrar of Companies (RoC) in the
Samsung Pay reportedly to launch in India in 2017
Demonetization of high currency notes has led to windfall gains for mobile wallet companies like Paytm, Mobikwik, Freecharge etc and to join the party, Samsung too could soon launch its Samsung Pay wallet services in India. As per the latest
PayU to launch two new services: Consumer credit and digital banking
Digital payments companies are having a golden run since PM Narendra Modi announced demonetization of high currency notes giving a major push towards a digital economy. So after a host of new services and initiatives from Paytm, Mobikwik, Freecharge etc,
CashnoCash’s ATM guide for Bangalore citizens
It’s been 24 days (to be exact) since PM Narendra Modi made the announcement of demonetization, and we can still see the after-effects of the move almost everywhere. Though it is still not clear when things will get back on
Mobikwik announces Mobikwik Lite for slow connectivity
If demonetization has left millions of people in lurch trying to arrange cash for their daily needs, the same phenomenon has given new lease of life to many e-payment solution providers or digital wallet startups who are leaving no stones
Mobikwik to digitize payments at 391 toll plazas across India
Demonetization has made many startups and companies step forward to help people sustain the cash-crunch state. MobiKwik, leading mobile wallet firm in India, has also joined the drive by announcing that its wallet service will soon be live at 391
Razorpay launches eCOD to replace cash-on-delivery
Online payments platform, Razorpay has launched eCOD, to help e-commerce companies accept payments at the time of delivery using payment methods other than cash post the demonetization of high currency notes. As many online marketplaces are witnessing the loss of
Paytm now helps you locate ‘Nearby’ merchants in its app
PM Narendra Modi’s announcement of demonetization of Rs 500 and Rs 1000 notes, has left many with no other option but to try online payment services and gateways. Taking complete advantage of the new tide, digital wallet companies like PayTm,
Paytm, Freecharge and MobiKwik seek opportunity in adversity
Though PM Narendra Modi’s latest move of demonetizing Rs 500 and Rs 1,000 notes gave sleepless night to many across the country, there is a coterie of digital payment and wallet companies who see a big opportunity in this adversity.
