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MobiKwik is India's largest issuer-independent digital financial services platform, leveraging a sophisticated product and merchant acquisition capabilities.
Basic Information
Marching towards profitability and gunning for an IPO by 2022 MobiKwik, India's issuer-independent digital financial services platform leverages a sophisticated product and merchant acquisition capabilities. It has a network of over 3 million direct merchants, 140+ billers, and 107 million-plus users. It records over 1 million transactions/ day. Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik is backed by marquee investors including Sequoia Capital, American Express, Tree Line Asia, MediaTek, GMO Payment Gateway, Cisco Investments, Net1, and Bajaj Finance. MobiKwik has grown by leaps and bounds over the past few years. The company has clocked a 4X growth in transactions on Y-o-Y basis.
Legal Name
:
One Mobikwik System Pvt Ltd, India
Headquarters
:
Delhi NCR, Delhi, India
Business Model
:
B2C,  B2B  
Founding Date
:
Apr 2009
No. of Employees
:
501 to 1000
Core Team
:
1.  
Bipin Preet Singh
Founder & CEO
2.  
Upasana Taku
Co-Founder & COO
3.  
Chandan Joshi
Co-Founder & CEO Payments
4.  
Saurabh Jain
Vice President Finance

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Funding

Total Funding

$218.1M

Investors
:
1.  
GMO Venture Partners
2.  
Bajaj Finserv Ltd
3.  
Net1 UEPS Technologies, Inc
4.  
Tree Line Asia

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10
Round 11

$25M

Series Name
:
SERIES-B
Date
:
8th Apr 2015
Investors
:
1.  
Tree Line Asia
2.  
Cisco Investments
3.  
American Express
4.  
Sequoia Capital

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