Mobikwik 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.
MobiKwik's Q2 FY26 revenue fell 7% to Rs 270 crore, while losses surged 8X to Rs 28.6 crore.
MobiKwik COO Mohit Narain resigns for health reasons, effective October 24, 2025, after joined in 2018.
MobiKwik clarified that a recent Rs 40 crore fraud was due to an isolated technical issue, not a breach.
MobiKwik reported a fraud involving merchants and users from Haryana, leading to a FIR for Rs 40 crore.
Net1 has sold its 8% stake in MobiKwik for Rs 143 crore, exiting a long-standing investment in the fintech.
Fintech major Paytm has rolled out fresh employee stock option grants worth Rs 215 crore.
MobiKwik reported a revenue increase to Rs 268 crore in Q4 FY25 but faced a net loss of Rs 56 ...
MobiKwik's subsidiary Zaakpay received RBI approval to operate as an online payment aggregator.
MobiKwik has announced the incorporation of Mobikwik Financial Services to operate as a Non-Banking Financial Company.
Fintech firm Mobikwik is entering the securities broking space with its subsidiary Mobikwik Securities.