Mobikwik

IPO

Paisa Bana Powerful

Public · Gurgaon, India · Founded 2009 · $140.0M raised

Headquarters
Gurgaon
Employees
501–1000
Founded
2009
Business Model
B2B2C
Total Funding
$140.0M
Last Round
$20.0M Series EJun 2021
Rounds
5
Type
Public

About

MobiKwik is a mobile wallet and financial services platform enabling users to send and receive money, pay utility bills, shop online and at physical stores, and access financial products including instant digital loans, credit card bill payments, mutual fund investments, digital gold, fixed deposits, and P2P lending via Xtra. The platform's Pocket UPI feature allows UPI payments directly from the MobiKwik wallet without linking a bank account. On the merchant side, MobiKwik operates a payment gateway (Zaakpay) and partners with 4.79M+ stores, apps, and websites across India. Founded on the mission to bring digital financial inclusion to a billion Indians, MobiKwik has reached 99% of pincodes in Digital India.

Summary

Mobikwik is a Fintech company based in Gurgaon, India, founded in 2009. It has raised $140.0M in total across 5 rounds, most recently a $20.0M Series E round in Jun 2021. Investors include Sequoia Capital, Abu Dhabi Investment Authority and Net1.

Tech & App Stack

9 technologies & apps tracked

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Funding History

IPODec 2024
$67.3M

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Investors

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