Ahead of IPO, Mobikwik scouts for investor; eyes profit next Fiscal
Mobikwik is aiming to be profitable next fiscal and is looking to on-board an investor who will help it go public in the next three years, a top official has said. The company, whose competitors include deep pocketed and aggressive players like the Alibaba-backed Paytm, had doubled revenue in FY19 to Rs 184.6 crore.
Mobikwik, whose competitors include deep pocketed and aggressive players like the Alibaba-backed Paytm, had doubled revenue in FY19 to Rs 184.6 crore. Image source: Mobikwik facebook page