MobiKwik Secures RBI Approval for Offline Payment Aggregator Operations Following NBFC Clearance
Mobikwik received RBI approval for a PA-P licence, aiming for 10X growth in offline merchant payments.
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Tag: Mobikwik
Mobikwik Delivers Impressive Financial Results with Rs 289 Cr Revenue and Rs 4.4 Cr Profit in Q4 FY26
MobiKwik swung to a profit of Rs 4.4 crore in Q4 FY26, recovering from a loss of Rs 56 crore ...
Read moreDetailsPeak XV Completes Entire Exit from MobiKwik with ₹130 Crore Block Transaction: Sources Say
Venture capital firm Peak XV Partners has exited MobiKwik through a block deal worth around Rs 130 crore.
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MobiKwik Secures RBI Approval for NBFC License and Readies to Introduce In-House Lending Division
Fintech firm One MobiKwik Systems has secured approval from the RBI for its NBFC application, marking a key step.
Read moreDetailsMobikwik Sees Eightfold Increase in Losses for Q2 FY26
MobiKwik's Q2 FY26 revenue fell 7% to Rs 270 crore, while losses surged 8X to Rs 28.6 crore.
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MobiKwik’s COO of Consumer Payments Mohit Narain Resigns
MobiKwik COO Mohit Narain resigns for health reasons, effective October 24, 2025, after joined in 2018.
Read moreDetailsMobiKwik Addresses Concerns: Fraud Linked to Internal Malfunction, Not Cybersecurity Breach
MobiKwik clarified that a recent Rs 40 crore fraud was due to an isolated technical issue, not a breach.
Read moreDetailsMobiKwik Faces ₹40 Crore Fraud in Haryana, Recovers ₹14 Crore to Date
MobiKwik reported a fraud involving merchants and users from Haryana, leading to a FIR for Rs 40 crore.
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Net1 Divests from Mobikwik After Eight Years, Facing Significant Losses
Net1 has sold its 8% stake in MobiKwik for Rs 143 crore, exiting a long-standing investment in the fintech.
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Paytm Introduces New ESOPs Valued at ₹215 Crore
Fintech major Paytm has rolled out fresh employee stock option grants worth Rs 215 crore.
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