Mobikwik

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Mobikwik - Total results - 61
Ahead of IPO, digital payments provider Mobikwik scouts for investor; eyes profit next fiscal
Business

Ahead of IPO, digital payments provider Mobikwik scouts for investor; eyes profit next fiscal

Mobikwik, the 2009-incorporated company is planning to report its first quarterly profit in March, and will be profitable from a full year perspective from FY21

Google Pay launches gold buying, partners bullion refiner MMTC-PAMP India
Business

Google Pay launches gold buying, partners bullion refiner MMTC-PAMP India

Tech giant Google on Thursday said it has partnered with bullion refiner MMTC-PAMP India to allow Google Pay users to buy and sell gold through the app, a service that is already offered by the likes of Paytm, Mobikwik and PhonePe

Relief to e-wallets: Reserve Bank of India extends KYC compliance norms by six months
Business

Relief to e-wallets: Reserve Bank of India extends KYC compliance norms by six months

E-wallet companies were caught in a bind over looming deadline that was to end on 28 February

MobiKwik losses mount to Rs 203 cr in FY18; consolidated revenue increases 93.1% to Rs 85.65 crore
Business

MobiKwik losses mount to Rs 203 cr in FY18; consolidated revenue increases 93.1% to Rs 85.65 crore

The company, which competes with mobile wallet players like Paytm, had posted a total consolidated loss of Rs 132.8 crore in 2016-17

RBI lays down guidelines to allow seamless payments among various mobile wallets
News & Analysis

RBI lays down guidelines to allow seamless payments among various mobile wallets

Digital wallets can now use a state-backed payments network that makes peer-to-peer payments instant.

MobiKwik announces acquisition of mutual fund investment platform Clearfunds
News & Analysis

MobiKwik announces acquisition of mutual fund investment platform Clearfunds

MobiKwik said it would be investing $15 million (approximately Rs 112 crore) over the next year.

IndiGo festive sale offer: 10 lakh seats up for grabs at fares starting Rs 999 for one-way journey
Business

IndiGo festive sale offer: 10 lakh seats up for grabs at fares starting Rs 999 for one-way journey

In July, IndiGo had put on sale 1.2 million seats at heavily discounted starting fares of Rs 1,212 under a similar offer.

Mobile wallet companies witness spike in digital transactions amidst cash shortage in ATMs and banks
News & Analysis

Mobile wallet companies witness spike in digital transactions amidst cash shortage in ATMs and banks

A PhonePe spokesperson said the current cash shortage has led to a further spike in digital transactions on its platform.

Cash crunch: Mobile wallet companies see spike in digital transactions
Business

Cash crunch: Mobile wallet companies see spike in digital transactions

Mobile wallet companies including Paytm, Mobikwik and Flipkart-owned PhonePe on Wednesday said they have seen a significant jump in digital transactions amid a recent currency shortage at ATMs and banks in some parts of the country

Digital wallet payments: RBI's refusal to extend 28 Feb deadline may lead to Rs 12,000 cr loss for sector
Business

Digital wallet payments: RBI's refusal to extend 28 Feb deadline may lead to Rs 12,000 cr loss for sector

The central bank RBI, however, clarified that customers who have balances in such wallets or PPIs need not worry about their money

WhatsApp digital payments: Paytm's Vijay Shekhar Sharma cries foul, alleges Facebook arm-twisted UPI
Business

WhatsApp digital payments: Paytm's Vijay Shekhar Sharma cries foul, alleges Facebook arm-twisted UPI

WhatsApp, which has over 230 million users in India, has started testing payments through its platform in the country. India is the largest market for the messaging app.

WhatsApp Payments: Messaging app may turn heat on mobile wallet players, but game has shifted to value-added deals
Business

WhatsApp Payments: Messaging app may turn heat on mobile wallet players, but game has shifted to value-added deals

What Facebook-controlled WhatsApp can do, however, is to possibly look deeper into your behaviour than other mobile wallet players like MobiKwik, PayTm etc

Reliance Jio partners with MobiKwik to sell JioPhones on its platform
News & Analysis

Reliance Jio partners with MobiKwik to sell JioPhones on its platform

MobiKwik users can now book Reliance Jio Phone within seconds. The process is as simple as recharging their phone numbers, the company added.

MobiKwik drops its fundraising plans and will focus beyond wallets in 2018
News & Analysis

MobiKwik drops its fundraising plans and will focus beyond wallets in 2018

MobiKwik has ploughed-in $2.5 million (roughly Rs. 16 crores) for launching a business to business (B2B) product

Jio cashback offer can get you up to Rs 799 cashback on a recharge of Rs 398 and above
News & Analysis

Jio cashback offer can get you up to Rs 799 cashback on a recharge of Rs 398 and above

The first 100 percent cash back from Jio is in the form of vouchers which is worth Rs 50. Therefore, the user will receive 8 vouchers on the MyJio app.

Bajaj Finance to acquire 12.6% in mobile wallet company Mobikwik via preference shares
Business

Bajaj Finance to acquire 12.6% in mobile wallet company Mobikwik via preference shares

In August last year, Bajaj Finance had entered into a subscription agreement with One MobiKwik Systems to acquire 10.83 percent stake for about Rs 225 crore.

WhatsApp to bring an in-chat payment system; likely to be launched by December: Report
News & Analysis

WhatsApp to bring an in-chat payment system; likely to be launched by December: Report

The expected WhatsApp payment system would be an in-chat payment system; where the user would be able to see a Rupee symbol. This symbol would be present in the attachment section alongwith location, contact, and pictures.

MobiKwik appointments new business head; aims at $500 billion in digital payments by 2020
News & Analysis

MobiKwik appointments new business head; aims at $500 billion in digital payments by 2020

"I am excited to join MobiKwik Payment Gateway at a time when mobile digital payments are at an inflection point," said Rukaiya Rangwala.

MobiKwik to invest 60-80 crore on marketing and promotions to get more customers on board
News & Analysis

MobiKwik to invest 60-80 crore on marketing and promotions to get more customers on board

Mobile wallet companies like Paytm and MobiKwik have also seen manifold growth in transactions as well as new users coming on board.

Mobikwik is offering 10 percent cashback to encourage BSES users in Delhi to pay bill on time
News & Analysis

Mobikwik is offering 10 percent cashback to encourage BSES users in Delhi to pay bill on time

"To avail the cash-back, all a consumer has to do is make the payment from Mobikwik's website or mobile app," a BSES statement here said.