MobiKwik
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MobiKwik gets SEBI nod to raise Rs 700 crore via IPO
Mobikwik had refiled its IPO papers with Sebi on January 4, 2024. The IPO is with a face value of Rs 2 is entirely a fresh issue of equity shares with no offer for sale component.
Mobikwik looking to raise $100 million after delay of planned IPO
In an interview in Mumbai, co-founder Upasana Taku said the cash will be used for marketing, hiring employees, and making acquisitions by the Gurugram-based fintech startup, which emerged profitable for the first time in the quarter ending Dec. 31.
Online payment platform MobiKwik gets approval of SEBI to launch Rs. 1,900 crore IPO
MobiKwik is reportedly looking to launch a public offering worth over $255 million before Diwali on November 4, which is expected to increase its valuation to cross the $1 billion mark.
MobiKwik files draft to raise Rs.1,900 crore via IPO
About Rs 1,500 crore will be primary share sales while up to Rs 400 crore will be secondary share sales where existing investors can sell their stake.
For $20 million, the Abu Dhabi Investment Authority acquires a minority share in Mobikwik
The Abu Dhabi Investment Authority recently invested $20 million in the firm, valuing it at $700 million.
Mobikwik denies claims of ‘Data Breach’; Company to conduct a forensic ‘Data Security Audit’
The breached data reportedly listed almost 11 crore entries of private and potentially sensitive user data, including over 35 lakh KYC (Know Your Customer) documents in an 8.2TB database.
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