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Mobikwik Turned Profitable in March Quarter as Credit Active Users Doubled
Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs. 1,000 crore in the current fiscal along with full-year profitability, the company's co-founder Upasana Taku said. The company closed the 2022-23 financial year with a 39 percent net revenue growth at Rs. 560 crore.
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MobiKwik Posts First-Ever Profit in December 2021 Quarter Ahead of IPO
MobiKwik became profitable in the December 2021 quarter and expects to close the current financial year with almost two times growth in revenue, a top company official has said.
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Zomato's Stellar Stock Market Debut Sets Pace for Other Indian Tech Listings
Zomato surged 65.8 precent in its stock market debut on Friday, giving the startup a valuation of Rs. 98,849 crores and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.
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MobiKwik Said to Be Ordered by RBI to Urgently Probe Alleged Data Leak
Future Retail will deliver groceries and clothes from its main retail stores within two hours, it said, as the company expands in an e-commerce sector dominated by the likes of Amazon.
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MobiKwik Denies Alleged Data Leak of Millions of Users on Dark Web
MobiKwik data from millions of its users has allegedly been breached and is purported to be available for access on the dark Web. The company has, however, denied the allegation.
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MobiKwik Removed From Google Play for Aarogya Setu Link in App: CEO
MobiKwik CEO Bipin Preet Singh says the app was removed from the Google Play store for having a link to the Aarogya Setu contact tracing app. However, other apps like Paytm which also have this link have not been removed, he points out.
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MobiKwik Acquires Wealth Management Startup Clearfunds
MobiKwik said it would be investing $15 million (approximately Rs. 112 crores) over the next year to scale up its wealth management business.
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MobiKwik Launches UPI Services, Offers Its Own VPA Handle
MobiKwik on Wednesday announced the launch of Unified Payments Interface (UPI) on its platform via its own virtual payment address (VPA) handle @ikwik.
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IRCTC Android App Gets E-Wallet for Tatkal Ticket Booking
IRCTC e-wallet, like Paytm and Mobikwik, allows its users to deposit money in advance and can be used to pay for tickets.
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MobiKwik App Now Lets You Make Ola Cab Bookings
Ola cabs is available only for the Android users, on the latest version of the MobiKwik app.
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Facebook for Android Now Lets You Recharge Your Mobile Number: Here's How to Do It
The latest Facebook app for Android devices counters Paytm, FreeCharge, and MobiKwik by offering a mobile recharge option.
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Microsoft Kaizala App Gets Digital Payments Support
To begin with, Microsoft has integrated payment services of YES Bank and MobiKwik.
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FreeCharge Finally Adds UPI Payments Support
UPI support is initially live on the FreeCharge app for Android.
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MobiKwik to Focus on Being More Than 'Just a Wallet' in 2018, Puts a Pause on Fundraising
MobiKwik founder and CEO Bipin Singh said the company will invest $2.5 million in launching a B2B product, and another $7-8 million on R&D and acquisitions.
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Jio Cashback Offer, Amazon and Flipkart Sales, WhatsApp for Business, and More News This Week
Amazon and Flipkart sales, WhatsApp Business app, and plenty of MWC 2018 rumours dominated the world of tech news this week.
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Mobikwik Turned Profitable in March Quarter as Credit Active Users Doubled
Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs. 1,000 crore in the current fiscal along with full-year profitability, the company's co-founder Upasana Taku said. The company closed the 2022-23 financial year with a 39 percent net revenue growth at Rs. 560 crore.
-
MobiKwik Posts First-Ever Profit in December 2021 Quarter Ahead of IPO
MobiKwik became profitable in the December 2021 quarter and expects to close the current financial year with almost two times growth in revenue, a top company official has said.
-
Zomato's Stellar Stock Market Debut Sets Pace for Other Indian Tech Listings
Zomato surged 65.8 precent in its stock market debut on Friday, giving the startup a valuation of Rs. 98,849 crores and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.
-
MobiKwik Said to Be Ordered by RBI to Urgently Probe Alleged Data Leak
Future Retail will deliver groceries and clothes from its main retail stores within two hours, it said, as the company expands in an e-commerce sector dominated by the likes of Amazon.
-
MobiKwik Denies Alleged Data Leak of Millions of Users on Dark Web
MobiKwik data from millions of its users has allegedly been breached and is purported to be available for access on the dark Web. The company has, however, denied the allegation.
-
MobiKwik Removed From Google Play for Aarogya Setu Link in App: CEO
MobiKwik CEO Bipin Preet Singh says the app was removed from the Google Play store for having a link to the Aarogya Setu contact tracing app. However, other apps like Paytm which also have this link have not been removed, he points out.
-
MobiKwik Acquires Wealth Management Startup Clearfunds
MobiKwik said it would be investing $15 million (approximately Rs. 112 crores) over the next year to scale up its wealth management business.
-
MobiKwik Launches UPI Services, Offers Its Own VPA Handle
MobiKwik on Wednesday announced the launch of Unified Payments Interface (UPI) on its platform via its own virtual payment address (VPA) handle @ikwik.
-
IRCTC Android App Gets E-Wallet for Tatkal Ticket Booking
IRCTC e-wallet, like Paytm and Mobikwik, allows its users to deposit money in advance and can be used to pay for tickets.
-
MobiKwik App Now Lets You Make Ola Cab Bookings
Ola cabs is available only for the Android users, on the latest version of the MobiKwik app.
-
Facebook for Android Now Lets You Recharge Your Mobile Number: Here's How to Do It
The latest Facebook app for Android devices counters Paytm, FreeCharge, and MobiKwik by offering a mobile recharge option.
-
Microsoft Kaizala App Gets Digital Payments Support
To begin with, Microsoft has integrated payment services of YES Bank and MobiKwik.
-
FreeCharge Finally Adds UPI Payments Support
UPI support is initially live on the FreeCharge app for Android.
-
MobiKwik to Focus on Being More Than 'Just a Wallet' in 2018, Puts a Pause on Fundraising
MobiKwik founder and CEO Bipin Singh said the company will invest $2.5 million in launching a B2B product, and another $7-8 million on R&D and acquisitions.
-
Jio Cashback Offer, Amazon and Flipkart Sales, WhatsApp for Business, and More News This Week
Amazon and Flipkart sales, WhatsApp Business app, and plenty of MWC 2018 rumours dominated the world of tech news this week.
