MobiKwik Listed
Indian fintech company that provides a mobile phone-based payment system and digital wallet, operating across consumer payments, financial services (including its Zip BNPL and Xtra P2P-lending products) and payment gateway (Zaakpay) segments. Completed its IPO on the NSE and BSE in December 2024.
MobiKwik: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 18 Dec 2024 | IPO | ₹572 Cr | source | |
| 9 Jun 2021 | Series G | $20 Mn | Abu Dhabi Investment Authority | source |
| 24 Mar 2021 | Pre-IPO Round | $7.2 Mn (₹52.5 Cr) | Elizabeth Matthew Gaurav Dubey Mauryan First Orios Select Fund Vineet Sharma | source |
| 4 Nov 2020 | Series E | ₹41.5 Cr | Hindustan Media Ventures | source |
| 21 Mar 2020 | Series F | ₹223 Cr | MK SPV IX L.P. | source |
| 15 Jul 2019 | Series E | ₹8.74 Cr | NDTV Trifecta Capital | source |
| 18 Dec 2018 | Bridge | ~$3 Mn (₹24 Cr) | Sequoia Capital GMO Venture Partners Net1 UPES | source |
| 3 Aug 2017 | Strategic Round | $35.2 Mn (₹225 Cr) | Bajaj Finance | source |
| 3 May 2016 | Series C | $50 Mn | GMO Internet MediaTek Sequoia Capital Tree Line Asia | source |
| 7 Apr 2015 | Series B | $25 Mn | Tree Line Asia Master Fund American Express Ventures Cisco Investments Sequoia Capital | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 11 Oct 2018 | MobiKwik | Clearfunds | Undisclosed | source |
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Who founded MobiKwik?
MobiKwik was founded by Bipin Preet Singh, Upasana Taku in 2009.
How much funding has MobiKwik raised?
MobiKwik has raised $241.02 Mn across 10 tracked funding round(s), most recently on 2024-12-18. Figures are compiled from cited public sources.
Who are the investors in MobiKwik?
Investors in MobiKwik include Abu Dhabi Investment Authority, Elizabeth Matthew, Gaurav Dubey, Mauryan First, Orios Select Fund, Vineet Sharma.
What does MobiKwik do?
Indian fintech company that provides a mobile phone-based payment system and digital wallet, operating across consumer payments, financial services (including its Zip BNPL and Xtra P2P-lending products) and payment gateway (Zaakpay) segments. Completed its IPO on the NSE and BSE in December 2024.
Where is MobiKwik headquartered?
MobiKwik is headquartered in Gurugram, Haryana, India.
What is MobiKwik's business model?
MobiKwik's core value proposition centers on Wallet-linked UPI payments, Buy Now Pay Later (Zip), Merchant payment gateway (Zaakpay).
How does MobiKwik make money?
MobiKwik's cited revenue streams include Payments revenue (merchant fees/MDR), BNPL / Zip revenue, Payment gateway (Zaakpay) fees.