Funding Details
- Awarder
- Inbox
- Date Award
- May 20, 2025
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Valuation
-
$464,000,000
Company Info
- Founding Year
- 2008
- Traction
- MobiKwik's shares surged 82% on their first day of trading, pushing its market value to $464 million, significantly above its initial target of $250 million.
- Founders
- Upasana Taku, Bipin Singh
- Company Description
- MobiKwik is one of India’s most popular digital wallet platforms, founded 15 years ago by Upasana Taku and Bipin Singh. The company has faced challenges maintaining its market position following the widespread adoption of UPI, a state-backed payments system.
- Market
- Digital Payments
- Location
-
Gurugram,
India
- Coinvestors
- Peak XV, ADIA
Links