| Date | Title | Description |
| 04.04.2026 | New-Age Tech Stocks Advance In Holiday-Curtailed Week, Ola Electric Top Gainer | SUMMARY
Thirty one out of the 55 new-age tech companies under Inc42’s coverage gained in a range of 0.26% to close to 17% this week
Eleven new-age tech stocks – Wakefit, MobiKwik, FirstCry, Awfis, DroneAcharya, DevX, EaseMyTrip, Unicommerce... |
| 24.02.2026 | MobiKwik Shares Rally 12% After Subsidiary Gets Stock Broking Nod | SUMMARY
The share spike came after the company received BSE’s approval to commence its stock broking business
Yesterday, MobiKwik said that the BSE approved its subsidiary Mobikwik Securities Broking Private Limited (MSBPL) to commence stoc... |
| 19.02.2026 | Aim to break into top 10 apps used for UPI payments, says MobiKwik co-founder | - |
| 04.02.2026 | MobiKwik Turns A Corner, Zupee’s Microdrama Pivot & More | -->
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| 03.02.2026 | Q3 Results Today Live: MobiKwik turns profitable in Q3, Indoco loss widens, AWL Agri profit down, Bajaj Finance, Adani Ports, Adani Enterprises, Solar Ind, Pidilite Ind, Aether Ind, Bharat Coking Coal... | Two investors are working together with analyzing the stock data graphs in the paper and viewing the data on the laptop screen. istock photo for BL | Photo Credit: wutwhanfoto
Q3 Results Today, 03rd Feb 2026 Live Updates: Find all the lates... |
| 25.12.2025 | Gainers And Losers In 2025: CarTrade Leads The Way; Ola Electric, MobiKwik Lose Spark | SUMMARY
CarTrade emerged as the biggest gainer this year, while Yatra and Nykaa made a remarkable turnaround
The losers this year included Nazara, Droneachary, Mobikwik and Ola Electric, among others
18 new age tech startups got listed in 2... |
| 18.12.2025 | UPI to be next engine of growth, says MobiKwik Co-founder | - |
| 18.11.2025 | Invest in India's Digital Finance Story with Bajaj Finserv Banking and Financial Services Fund | Pune, Maharashtra, India
India’s growth journey is being powered by the rapid digitalisation of its financial system. From mobile-based payments to online lending and financial inclusion initiatives, technology is transforming how people ac... |
| 15.11.2025 | What makes Bajaj Finserv Banking and Financial Services Fund a Suitable fit for your portfolio | Pune, Maharashtra, India
As an investor, one of the key considerations in your financial journey may be to strike a balance between potential returns and your overall investments. Sector-focused funds may be a way to do this, as they allow ... |
| 14.11.2025 | How Bajaj Finserv Banking and Financial Services Fund aims to capture opportunities across India's financial ecosystem | Pune, Maharashtra, India
India’s financial ecosystem is expanding in step with the country’s broader growth trajectory. Structural shifts in technology, demographics, regulation, and inclusion continue to reshape how Indians save, borrow, i... |
| 12.11.2025 | Megatrends in motion: How the Bajaj Finserv Banking and Financial Services Fund captures long-term shifts in India's financial landscape | Pune, Maharashtra, India
India’s financial sector continues to evolve with structural shifts across technology, policy, demographics, and social behaviour. These long-term trends, often referred to as megatrends, are reshaping how individua... |
| 12.11.2025 | RBI Approves SRPA’s Application For Becoming A Fintech SRO | SUMMARY
Self-Regulated PSO Association (SRPA) has emerged as the third RBI-recognised SRO over a year after the apex bank floated an omnibus framework for recognition
The SRO plans on operationalising its governance, compliance and supervis... |
| 30.10.2025 | General Atlantic invests another $600 million in IPO-bound PhonePe | Synopsis
PhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest investment reinforces its commitment to back the homegrown consumer internet company even as d... |
| 18.10.2025 | Global Fintech Awards 2025 Celebrate Trailblazers Redefining the Global Fintech Landscape | Mumbai, Maharashtra, India
The sixth edition of the world’s largest annual fintech conference, the Global Fintech Fest 2025 (GFF 2025), was held in Mumbai October 7-9. More than 400 sessions where visionaries from India and over 100 countri... |
| 05.10.2025 | New-Age Tech Stocks Regain Momentum This Week, MobiKwik Biggest Winner | SUMMARY
30 of the 39 new-age tech stocks under Inc42's coverage gained in a range of 0.11% to over 12% between September 29 and October 3
The cumulative market capitalisation of these companies rose to $106.59 Bn from $104.91 Bn at the end ... |
| 02.10.2025 | MobiKwik Powers Up Its Lending Game, To Infuse INR 10 Cr In NBFC Arm | SUMMARY
MobiKwik said that infusion will be utilised to enter leasing and hire-purchase deals for assets such as machinery, equipment, vehicles, ships, aircraft and factories
The company will be investing the amount in the subsidiary in one... |
| 28.09.2025 | New-Age Tech Stocks Lose Over $5 Bn In M-Cap, MobiKwik Hit Hardest This Week | SUMMARY
Barring Smartworks, BlackBuck, RateGain, DroneAcharya and Go Digit, 34 of the 39 new-age tech stocks under Inc42’s coverage plunged in a range of 1.16% to over 13%
The cumulative market capitalisation of these companies declined ove... |
| 26.09.2025 | Banking Boldly: India's Play for Global Glory | New Delhi, Delhi, India
India’s banking sector is not just growing—it’s growing with purpose. This was the key takeaway from the CNBC-TV18 3rd Banking Transformation Summit, presented by Nucleus Software, where regulators, bank leaders, and... |
| 23.09.2025 | BlackSoil Capital Raises Over ₹200 Cr Debt in First Half of 2025 The majority of the latest capital raise came through Non-Convertible Debentures (NCDs) and co-investments from family offices and HNIs... | BlackSoil Capital, the non-banking financial company (NBFC) of BlackSoil Group, has announced a raise of INR 210 crore in debt in the first half of 2025.
According to its press release, the majority of the latest capital raise came through ... |
| 17.09.2025 | MobiKwik Loses INR 40 Cr In Fraud, Says INR 14 Cr Recovered | SUMMARY
MobiKwik was defrauded of INR 40 Cr by some registered merchants and users between September 11 and 12
The company said that some merchants and users, in collusion with each other from limited locations of Haryana, claimed unauthori... |
| 07.09.2025 | New-Age Tech Stocks Soar on Market Momentum; MobiKwik, RateGain Lead The Rally | SUMMARY
While BlueStone, Ather Energy, ixigo, Smartworks, Eternal, IndiQube, Yatra touched fresh all-time highs during the week, Delhivery, Paytm, Nykaa and CarTrade soared to new 52-week highs
Overall, twenty seven of the 37 new-age tech s... |
| 02.09.2025 | [Update] MobiKwik Extends Rally, Surges 20% To INR 284.70 | SUMMARY
Continuing its rally for the second day, shares of MobiKwik hit the 20% upper circuit at INR 284.70
Abu Dhabi Investment Authority sold 16.44 Lakh equity shares of Mobikwik for a deal value of around INR 39.21 Cr
In Q1 FY26, the com... |
| 01.09.2025 | Mobikwik Shares Rally 15.6% To INR 254.15 | SUMMARY
Mobikwik shares pared some intraday gains to close 7.9% higher at INR 237.25 on the BSE, taking the company’s market capitalisation to INR 210 Mn
The stock’s decline began after its weak Q1 results, where net loss widened nearly 535... |
| 31.08.2025 | Ola Electric, Ather Soar In A Bearish Week For New-Age Tech Stocks | SUMMARY
Twenty seven out of the 37 new-age tech stocks fell this week, losing in a range of 0.29% to under 10% this week
While shares of Paytm, Smartworks, Ather Energy and Nykaa touched fresh highs this week, EaseMyTrip and MobiKwik touche... |
| 11.08.2025 | MobiKwik’s Uphill Battle, Startup Funding Rebounds & More | -->
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| 03.08.2025 | New-Age Tech Stocks Slide As Bears Take Over D-Street, MobiKwik Drops The Most | SUMMARY
New-age tech stocks under Inc42’s coverage remained under pressure for the second consecutive week in line with the broader market trend, falling in a range of 0.90% to about 9%
MobiKwik emerged as the biggest loser this week with t... |
| 31.07.2025 | MobiKwik Q1: Loss Zooms Over 6X YoY To INR 42 Cr | SUMMARY
Operating revenue declined 20.7% to INR 271.4 Cr during the quarter under review from INR 342.3 Cr in Q1 FY25
Including other income of INR 10.3 Cr, the company’s total income fell to INR 281.6 Cr in the June quarter from INR 345.83... |
| 19.07.2025 | CNPC launched by Startup Policy Forum to support IPO-bound startups in India | The Center for New-Age Public Companies (CNPC) was established by the Startup Policy Forum (SPF), a coalition of more than fifty Indian new-age businesses, to assist startups making the move from private to public markets.
In light of India... |
| 18.07.2025 | Startup Policy Forum Launches Centre to Support IPO-Bound Startups With nearly 40 startups valued at over USD 90 billion poised to go public in the coming years, CNPC aims to bridge gaps in regulatory... | The Startup Policy Forum (SPF), an alliance of over 50 emerging Indian companies, has launched the Centre for New-Age Public Companies (CNPC) to assist startups preparing for public listing. The initiative was unveiled during a high-level m... |
| 27.06.2025 | Jio BlackRock Gets SEBI Nod To Start Operations As Brokerage Firm | SUMMARY
Jio Financial Services said in an exchange filing that the SEBI has granted Jio BlackRock the certificate to act as a Stock Broker
Jio BlackRock is a joint venture between Jio Financial Services and BlackRock Inc
In March, MobiKwik ... |
| 18.06.2025 | MobiKwik Shares Crash 10% As Lock-In Period Ends | SUMMARY
With this, the stock has fallen almost 12% compared to its IPO issue price of INR 279
Notably, shares of MobiKwik declined over the preceding four trading sessions after the finance ministry dismissed reprt around imposing MDR on UP... |
| 02.06.2025 | Led by AI disruption and rising credit demand, India emerges as global fintech hotspot | - |
| 30.05.2025 | BlackSoil Wraps FY25 with ~100 Investments & a 2x Jump in Supply Chain Finance Biz | Mumbai: BlackSoil, a leading alternative credit platform, concluded FY25 on a strong note, having backed 98 companies and deployed over ₹2,470 crore in cumulative capital. In a standout year, BlackSoil’s Supply Chain Finance (SCF) business ... |
| 21.05.2025 | MobiKwik’s Sombre Q4, Nazara’s Acquisition Spree & More | -->
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| 23.04.2025 | MobiKwik Floats NBFC, To Apply For Licence | SUMMARY
MFSPL has been incorporated after bagging all the required approvals from the Ministry of Corporate Affairs and Central Processing Centre
As an NBFC, it will engage in financing all types of leasing, hiring, and purchases related to... |
| 21.04.2025 | MobiKwik Partners Poonawalla Fincorp To Offer Instant Personal Loans | SUMMARY
Through its partnership with Poonawalla Fincorp, MobiKwik users will now be able to apply for and easily access instant personal loans through the platform
The loan amounts for ZIP EMI will range from INR 50,000 to INR 15 Lakh
ZIP E... |
| 04.04.2025 | BlackSoil-Caspian Debt Merger Gets RBI Nod | National: BlackSoil Capital, a leading alternative credit platform, and Caspian Debt, a prominent impact investment lender, have received approval from the Reserve Bank of India (RBI) for their merger. This marks a crucial step toward final... |
| 03.04.2025 | The Rise of India’s Start-Up Ecosystem: A New Era of IPOs and Mergers | India's start-up landscape is evolving. A wave of late-stage start-ups is preparing to go public, marking a significant shift in the country’s economic narrative. The RainGauge Private Pulse report reveals that 38 high-growth start-ups are ... |
| 02.04.2025 | BlackSoil-Caspian Debt Merger Gets RBI Nod The merger is set to enhance BlackSoil's capabilities in supporting startups, MSMEs, and impact-driven businesses by expanding financial solutions for unders... | BlackSoil Capital, a key player in alternative credit, and Caspian Debt, a leading impact investment lender, have secured approval from the Reserve Bank of India (RBI) for their merger. With only the National Company Law Tribunal (NCLT) cle... |
| 27.03.2025 | MobiKwik Loses INR 1.3 Cr Due To Fraud | SUMMARY
MobiKwik said that an ex-employee of the company defrauded the company of INR 1.26 Cr by altering merchant details
The company said that the ex-employee, Gaurav Sharma, siphoned off the amount from its books during August 2023 to Se... |
| 26.03.2025 | MobiKwik Enters Stock Broking Segment To Take On Zerodha, Groww | SUMMARY
MobiKwik has set up an wholly owned subsidiary Mobikwik Securities Broking Private Limited to take on the likes of Zerodha and Groww
MSBPL has initial paid-up share capital of INR 1 Lakh. MobiKwik plans to pump in INR 2 Cr in the su... |
| 19.03.2025 | MobiKwik Rallies For Second Session, Surges 18% Intraday | SUMMARY
The shares of the fintech giant zoomed 18% to INR 351.90 apiece on the BSE during the early morning trade
This comes after the stock hit a 52-week low at INR 231.05 on Monday (March 17) post the end of the three-month anchor lock in... |
| 08.03.2025 | Bridging the Gender Gap: The State of Women in Indian Unicorns | In the bustling world of Indian unicorns, a stark reality looms. Women occupy a mere 5.8% of board seats across 116 unicorns, according to PrivateCircle Research. This figure is a drop in the ocean compared to the 18.3% representation in br... |
| 07.03.2025 | Women hold only 5.8% of board seats across Indian unicorns: PrivateCircle Research | Women held just 5.8 per cent(76) of the 1,314 board seats across 116 Indian unicorns, according to a private market intelligence platform, PrivateCircle Research.
In contrast, women occupied 18.3 per cent of board seats across India Inc in ... |
| 04.03.2025 | PayPal, HDFC Bank-backed Mintoak buys Digiledge to expand CBDC payments | Indian startup Mintoak, which provides merchant payment services to lenders, said on Tuesday it has bought Digiledge, marking the first acquisition in the nascent central bank digital currency space in a deal that sources said was worth aro... |
| 01.03.2025 | MobiKwik and KiranaPro: New Investments in India's Fintech and Quick-Commerce Landscape | In the bustling world of Indian startups, two recent investments are making waves. MobiKwik, a prominent player in the fintech arena, is doubling down on its growth strategy. Meanwhile, KiranaPro, a fresh face in the quick-commerce sector, ... |
| 28.02.2025 | 3.39 percent stake in Blostem Fintech acquired by MobiKwik | The parent company of the fintech company MobiKwik, One MobiKwik Systems, is purchasing 3.39% of Blostem Fintech’s share capital (on a fully diluted basis).
According to MobiKwik, as part of the second tranche of the share subscription and ... |
| 24.02.2025 | Mobikwik invests in Blostem, KiranaPro kicks off seed round | Badminton player and investor PV Sindhu
Mobikwik has backed a banking infrastructure platform, while quick-commerce startup KiranaPro has added badminton player PV Sindhu as an investor in an early-stage round.
Blostem Fintech
Peak XV-backe... |
| 21.02.2025 | Trifecta Capital Onboards Its Investor Saurabh Singh As Partner | SUMMARY
“With over 15 years of experience—first as an operator, then as a founder, and, for the last 7.5 years as an investor at Trifecta Capital, Singh brings a wealth of expertise in the startup ecosystem to his new role,” the venture deb... |
| 21.02.2025 | MobiKwik To Pick Up Additional 3.39% Stake In Blostem Fintech | SUMMARY
This acquisition is the second tranche of the share subscription and shareholders’ agreement that MobiKwik signed with Blostem in March last year
Back then, it agreed to invest in the equity shares of the B2B banking infrastructure ... |
| 19.02.2025 | MobiKwik Shares Surge 7% During Intraday | SUMMARY
Shares of fintech major MobiKwik surged 6.6% to INR 339.20 apiece on the BSE during intraday trading session today
Market capitalisation of the company currently stands at INR 2,545 Cr
The share gains came a day after the stock hit ... |
| 17.02.2025 | MobiKwik Shares Drop 4% To Touch Fresh All-Time Low | SUMMARY
As of 01:16 PM, the stock recouped some losses to trade 1.6% lower at INR 321.50 per share, on the BSE, compared to its previous close of INR 326.65 apiece on Friday
Since its listing on the BSE, the company’s shares are now trading... |
| 13.02.2025 | Public sector banks see modest CBDC volume growth, start offering DBT via digital currency | India’s public sector banks are seeing modest growth in volumes of central bank digital currency (CBDC) or e-rupee. They have also started extending direct benefit transfer (DBT) via the digital currency, sources say.
The country’s largest ... |
| 11.02.2025 | Love in the Digital Age: The Rise of Dating Apps and Valentine's Day Promotions | Valentine's Day is a time for love, connection, and celebration. As the world gears up for this romantic holiday, the digital landscape is buzzing with activity. Dating apps are at the forefront, transforming how people meet and connect. In... |
| 11.02.2025 | Peak XV Partners Sells 1% Stake in Freshworks for USD 51.5 Mn The stake sale, conducted through multiple open market transactions between December 9 and January 28, involved 2.93 million shares priced... | Venture capital firm Peak XV Partners has sold about a 1% stake in software-as-a-service (SaaS) company Freshworks, according to a US Securities and Exchange Commission (SEC) filing dated January 29, 2025.
The stake sale, conducted through ... |
| 10.02.2025 | Times Prime Launches Valentine-Themed Members Fest with Premium Brand Partnerships | New Delhi, Delhi, India
Times Prime, India's premier digital lifestyle membership platform, announces its third annual Members Fest, reimagined with a Valentine's Day theme. The "Love All Members Fest" will run from February 7th t... |
| 08.02.2025 | MobiKwik Gets Board Nod To Set Up New Units Amid Plans To Foray Into Insurance Distribution | SUMMARY
MobiKwik has obtained the board’s nod to incorporate and invest in one or more wholly-owned subsidiaries as the fintech company aims to expand its business
This comes days after MobiKwik’s cofounders said in a post-earnings call tha... |
| 05.02.2025 | Decoding MobiKwik’s Plans To Get Back Into The Profitability Lane | SUMMARY
MobiKwik reported a net loss of INR 55.28 Cr in Q3 FY25, taking its loss count for the first nine months of FY25 to INR 62.85 Cr
CFO Taku said that the company is focussing on balancing its lending portfolio by adding new products, ... |
| 04.02.2025 | MobiKwik to focus on scaling UPI, launch RuPay credit card | Fintech platform MobiKwik is focusing on scaling up the UPI side of the business as well as launching its RuPay credit card to the public soon to drive growth, Upasana Taku, executive director, co-founder & CFO of the company, said.
“Th... |
| 01.02.2025 | Budget 2025: Govt Cuts Incentives For RuPay and Low-Value UPI Transactions | SUMMARY
The Budget document tabled by Finance Minister Nirmala Sitharaman revealed a reduction in the incentive scheme for promoting RuPay debit cards and low-value BHIM-UPI transactions (person-to-merchant) from INR 2,000 Cr last year to I... |
| 29.01.2025 | MobiKwik Shares Rev Up 6.6% After Rolling Out CBDC Wallet, E-Rupee | SUMMARY
Shares of MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today (January 29) after it became the first fintech firm to roll out a full-scale CBDC wallet and e-rupee (e₹)
MobiKwik was trading at INR 431.30 in the afternoon – u... |
| 29.01.2025 | Tokenisation drives security: 98% of e-commerce transactions now card-free, says RBI | Card tokenisation has witnessed exponential growth in India, with over 91 crore tokens issued up to December 2024. These tokens have facilitated over 320 crore transactions, amounting to nearly ₹11 lakh crore, the Reserve Bank of India (RBI... |
| 28.01.2025 | Tiger Global-backed Cred joins RBI's digital currency project | A man walks next to Cred's logo during the Global Fintech Fest in Mumbai, August 29, 2024 | Credit: Reuters/Francis Mascarenhas
Tiger Global and Peak XV-backed Indian firm Cred has become the first fintech platform to roll out access to Ind... |
| 28.01.2025 | MobiKwik launches full-scale CBDC e-Rupee wallet for Android users | MobiKwik, one of India’s largest digital wallet providers, has launched a full production version of India’s Central Bank Digital Currency (CBDC) e-rupee wallet in partnership with the Reserve Bank of India and Yes Bank, the company announc... |
| 28.01.2025 | CRED launches beta version of e₹ wallet, becomes first fintech to integrate RBI’s digital currency | Fintech major CRED has launched a beta version of its e-rupee (e₹) wallet, becoming the first fintech to integrate RBI’s central bank digital currency.
Yes Bank will be the first sponsor bank to enable CBDC issuance for a third party applic... |
| 24.01.2025 | MobiKwik’s Payments Head Chandan Joshi Quits | SUMMARY
Chandan Joshi, the cofounder and CEO of MobiKwik’s payments division, stepped down citing family commitments
Joshi, who joined MobiKwik in 2018, was elevated to the role of cofounder and payments CEO in September 2020
Joshi joined M... |
| 19.01.2025 | New-Age Tech Stocks See Mixed Performance This Week, MobiKwik Biggest Loser | SUMMARY
The total market cap of the 31 new-age tech stocks under Inc42’s coverage declined to $87.89 Bn this week from $88.38 Bn last week
Of the 31 stocks, 16 fell this week in a range of 0.1% to a little over 14%. MobiKwik was the biggest... |
| 16.01.2025 | Crunchbase Unicorn Board Tops $1T In Funding Raised | 1 Shares Email Facebook Twitter LinkedIn
Last month, the companies on The Crunchbase Unicorn Board topped $1 trillion in collective funding for the first time, marking a new milestone for the board, which lists private, venture-backed compa... |
| 16.01.2025 | This Programme is Very Close to My Heart: PM on National Startup Day 2025 India's journey as a startup hub is a testament to the visions of the past, hard work of the present, and innovations for the ... | India has emerged as a global powerhouse of innovation and entrepreneurship, a transformation celebrated annually on National Startup Day. On January 16, 2025, the nation paused to reflect on the remarkable growth of its startup ecosystem, ... |
| 29.12.2024 | New-Age Tech Stocks End Final Week Of 2024 On A Mixed Note, MobiKwik Biggest Gainer | SUMMARY
Eighteen out of the 31 new-age tech stocks under Inc42’s coverage gained in a range of 0.06% to just a little under 19% this week
Meanwhile, thirteen new-age tech stocks fell in a range of 0.36% to a little under 9% this week, with ... |
| 26.12.2024 | Peak XV Offloads MobiKwik Shares Worth INR 82 Cr | SUMMARY
As per NSE data, the investment firm, through Peak XV Partners Investment Holdings III, sold 12.01 Lakh shares at INR 679.38 apiece
Last week, Peak XV offloaded more than 7 Lakh shares of the fintech company at INR 579.37 each for a... |
| 26.12.2024 | MobiKwik Shares Rally 15% After INR 118 Cr Block Deal | SUMMARY
Shares of MobiKwik rallied nearly 15% to hit a fresh all-time high of INR 698.30 apiece on the BSE after a block deal worth INR 118 Cr was executed on the exchanges
About 18.6 Lakh shares of MobiKwik, comprising a 2.4% equity in the... |
| 24.12.2024 | MobiKwik Shares Surge 18.8% To Reach All-Time High | SUMMARY
However, the stock pared some gains, closing the day 14.94% higher at INR 609.15
Out of the total five trading sessions since its debut, the stock has closed positively on four occasions
Contrary to the stock’s rally, the broader be... |
| 23.12.2024 | MobiKwik Shares Surge 12.5% To INR 549.80 | SUMMARY
The broader benchmark indices showed recovery today with Nifty and Sensex rising by 0.64% and 0.70%, at INR 78,540.17 and INR 23,753.45, respectively
The stock has already surpassed the price target assigned by the brokerage firm Do... |
| 20.12.2024 | MobiKwik Shares Nosedive 10% In Third Trading Session | SUMMARY
MobiKwik shares fell 9.81% to INR 488.40 in their third trading session since listing
Stock's market capitalisation declined to INR 3,794.20 Cr, though share price remains 75% above IPO price
The fintech company's stock is still tra... |
| 18.12.2024 | MobiKwik Shares List At 58.5% Premium Over IPO Issue Price | SUMMARY
MobiKwik shares listed at INR 442.25 apiece on the BSE, a 58.5% premium against the IPO issue price of INR 279
MobiKwik's IPO received bumper response from investors, who oversubscribed the issue by 119.38X
MobiKwik posted a net los... |
| 14.12.2024 | From Rebel Foods To CarDekho – Indian Startups Raised $635 Mn This Week | SUMMARY
Between December 9 and 13, Indian startups cumulatively raised $635.8 Mn via 25 deals, up 155% from the $249.6 Mn secured across 18 deals in the preceding week
The week saw two mega funding deals materialise in the form of Rebel Foo... |
| 13.12.2024 | [Update] MobiKwik IPO Day 3: Issue Oversubcribed Over 120 Times So Far | SUMMARY
As per BSE data, investors had placed bids for a whopping 40.12 Cr shares against 1.12 C shares on offer as of 12:27 PM today (December 13)
Overall, MobiKwik has raised INR 11,196.1 Cr from investors, including INR 257.40 Cr via the... |
| 13.12.2024 | MobiKwik IPO gets bids worth $4.7 billion as investors bet on fintech growth, listing gains | Investors flocked to India's MobiKwik's $67 million IPO with bids for about 120 times the shares on offer, betting on strong listing gains and the fintech company's prospects in a booming online payments market.
The initial public offering ... |
| 12.12.2024 | MobiKwik IPO: Issue Oversubscribed Above 10X On Day 2 | SUMMARY
MobiKwik’s INR 572 Cr IPO saw robust demand from retail individual investors (RII) wherein they placed bids for 7.81 Cr as against 21.58 lakh shares on offer. This resulted in an oversubscription for 36.23X
Trailing behind RIIs in t... |
| 10.12.2024 | MobiKwik IPO: Fintech Major Raises INR 257 Cr From Anchor Investors | SUMMARY
Overall, 49.27 Lakh equity shares, or 53.42% of the allotted shares in the anchor round, were lapped up by six domestic mutual funds.
MobiKwik’s IPO, which will open on December 11 and close on December 13, will comprise solely of a... |
| 10.12.2024 | Mobikwik raises Rs 257.4 crore from anchor investors | ETMarkets.com
Fintech platform One Mobikwik Systems has raised Rs 257.4 crore from a bunch of anchor investors, the company reported to the stock exchanges in a filing today.
Read More News on
MobiKwikfintechIPOinitial public offeranchor in... |
| 09.12.2024 | LG Electronics, Vishal Mega Mart, and MobiKwik, All Part of a Bustling Indian IPO Season The public market is readying itself for another busy initial public offer (IPO) season, continuing the trend s... | The public market is readying itself for another busy initial public offer (IPO) season, continuing the trend seen in 2024. Companies across varied fields have filed their papers and have been given the nod by the market regulator Securitie... |
| 09.12.2024 | MobiKwik IPO: GMP Up 40%, Brokerages Positive On Public Issue | SUMMARY
MobiKwik’s shares are trading about 40% higher in the grey market from the upper end of the price band of INR 265 to INR 279
Bajaj Broking recommended investors to subscribe to MobiKwik's IPO with a long-term perspective, while Kota... |
| 09.12.2024 | Fintech Battle Heats Up as MobiKwik Prepares INR 572 Cr Public Offering The INR 572-crore issue, which will close on December 13, has set a price band of INR 265-279 per share. The bidding for the anc... | MobiKwik's upcoming IPO has generated significant buzz in the market, with its grey market premium (GMP) soaring to almost 40% ahead of its subscription opening on December 11.
The INR 572-crore issue, which will close on December 13, has s... |
| 06.12.2024 | ADIA is the big loser as Indian fintech Mobikwik slashes valuation in IPO | Pro
Credit: 123RF.com
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the Gulf emirate, is one of at least five private market investors of One MobiKwik Systems Ltd who are sitting on paper losses as the Indian digital pay... |
| 06.12.2024 | IPO-Bound MobiKwik Posts INR 6.6 Cr Loss In Q1 | SUMMARY
IPO-bound MobiKwik posted a net loss of INR 6.6 Cr on an operating revenue of INR 342.2 Cr in Q1 FY25
MobiKwik has filed its RHP with market regulator SEBI, slashing the size of its public issue to INR 572 Cr from the INR 700 Cr IPO... |
| 06.12.2024 | Which investors are underwater as MobiKwik floats IPO with deep valuation cut? | Pro
Upasana Taku, co-founder, MobiKwik
At least five of the top private market investors of One MobiKwik Systems Ltd are sitting on paper losses as the 15-year-old digital payments company floats its initial public offering next week at a d... |
| 13.11.2024 | BlueGreen Ventures launches $75M maiden fund | Seasoned investors Anup Jain and Rajeev Suri, former Managing Partners at Orios Venture Partners, launched a new fund BlueGreen Ventures on Wednesday.
The early-stage fund is targeting a total corpus of $75 million with a green-shoe option.... |
| 12.10.2024 | Amid Wave Of Top Level Exits At Orios, CFO & COO Gaurav Bindal Calls It Quits | SUMMARY
Bindal is said to have led the closure of all investment deals since joining the investment firm in 2021
In what is the third major blow to the VC firm in a year, Orios’ two top partners Anup Jain and Rajeev Suri quit the company la... |
| 26.09.2024 | Domestic Investors Now Turning To Unlisted Startups: Shiprocket’s Vishesh Khurana | SUMMARY
A host of domestic investors are now looking to back unlisted startups, especially when some of the listed firms scored strong performance in the last 3-4 years, according to logistics unicorn Shiprocket's cofounder Vishesh Khurana.... |
| 23.09.2024 | MobiKwik's IPO Journey: A New Chapter in Fintech | MobiKwik is on the brink of a significant transformation. The Gurugram-based fintech company has received the green light from the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs 700 crore, ... |
| 23.09.2024 | MobiKwik gets go-ahead from SEBI for $84 mn IPO in second attempt | Credit: 123RF.com
One Mobikwik Systems has received the Securities and Exchange Board of India’s (SEBI) approval to raise Rs 700 crore ($84 million) through an initial public offering.
While the company had initially filed for a Rs 1,900 cr... |
| 23.09.2024 | Mobikwik secures SEBI nod for Rs 700 Cr IPO | Payment platform Mobikwik has received final approval from the Securities and Exchange Board of India (SEBI) to raise Rs 700 crore through an initial public offering (IPO). The Gurugram-based company had refiled its IPO documents with the r... |
| 23.09.2024 | MobiKwik Gets SEBI Nod For INR 700 Cr IPO | SUMMARY
MobiKwik’s IPO will entirely comprise a fresh issue of equity shares, with no offer for sale component
The fintech unicorn plans to use the IPO proceeds to fuel the growth of its financial services segment, expand its payments busin... |
| 18.09.2024 | MobiKwik’s Zaakpay Partners Meta To Offer In-App Payments On WhatsApp | SUMMARY
The new product will allow users and merchants to either make or receive payments directly within chats
The embedded payments solution will offer users multiple payment modes, including credit cards, debit cards, UPI as well as wall... |
| 22.08.2024 | ONDC enters credit market; aims to expand financial services product basket | The Open Network for Digital Commerce (ONDC) today launched unsecured digital loans on its platform, through which it claims to pass loans within six minutes, the company said in a press conference in Mumbai today.
The buyer applications in... |
| 03.07.2024 | FirstCry and Unicommerce receive approval for their IPO from SEBI | Initial public offerings (IPOs) by SoftBank-backed FirstCry, an omnichannel retailer with a focus on kids’ products, and Unicommerce, an e-commerce SaaS startup, have been given final approval by the Security Exchange Board of India (SEBI).... |
| 24.06.2024 | SEBI approves Ola Electric’s $660 M IPO | The Security Exchange Board of India (SEBI) has finally given Ola Electric the all-clear to proceed with its initial public offering (IPO), six months after the company filed a draft red herring prospectus (DRHP).
Ola Electric submitted the... |
| 17.06.2024 | Trucking marketplace Blackbuck converts to public company | The internet-based trucking marketplace Blackbuck has gone public. With this, the business takes a step closer to its intended initial public offering (IPO).
The resolution to convert Blackbuck from a private to a public company has been ap... |
