MobiKwik

Gurugram, India Founded: 2009 • Age: 17 yrs
Operator of platform for online mobile, DTH recharge, and bill payments
Annual revenue $139.4M Latest available
Total funding $283.5M 23 rounds
Employees 663 Tracked headcount
Investors 58 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About MobiKwik

MobiKwik is a company based in Gurugram (India) founded in 2009 by Upasana Taku and Bipin Preet Singh. MobiKwik has raised $283.54 million across 23 funding rounds from investors including Bajaj Finserv, American Express and BlackSoil. The company has 663 employees as of March 31, 2024. MobiKwik has completed 1 acquisition, including Clearfunds. MobiKwik operates in a competitive market with competitors including PhonePe, Paytm, FreeCharge, YouTrip and MoneyGram, among others.

  • Headquarter Gurugram, India
  • Employees 663 as on 31 Mar, 2024
  • Founders Upasana Taku, Bipin Preet Singh
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name One Mobikwik Systems Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $139.41 M (USD)
    34.4
    as on Mar 31, 2025
  • Net Profit
    -$14.28 M (USD)
    -963.19
    as on Mar 31, 2025
  • EBITDA
    -$4.76 M (USD)
    -161.72
    as on Mar 31, 2025
  • Total Equity Funding
    $283.54 M (USD)

    in 23 rounds

  • Latest Funding Round
    $6 M (USD), Debt – Conventional

    Mar 28, 2024

  • Investors
    Bajaj Finserv

    & 57 more

  • Employee Count
    663

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of MobiKwik

MobiKwik is a publicly listed company on the NSE with ticker symbol MOBIKWIK in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: MOBIKWIK · Sector: Commercial services · India

People of MobiKwik

Headcount 200-500
Employee Profiles 122
Board Members and Advisors 5
Employee Profiles
People
Pankaj Gaur
Director Of Product
People
Sahil Sachdeva
Director UPI - Unified Payments Interface (growth & Innovation)
People
Fenan Khan
Team Leader Operations
People
Navien Bhaagwat
Operations

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Board Members and Advisors
people
Raghu Ram Hiremagalur
Independent Director
people
Punita Kumar Sinha
Independent Director
people
Navdeep Singh Suri
Independent Director
people
Sayali Karanjkar
Independent Director

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Funding Insights of MobiKwik

MobiKwik has successfully raised a total of $283.54M across 23 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MobiKwik

MobiKwik has secured backing from 58 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bajaj Finserv, American Express and BlackSoil.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in early-stage startups are made by Brand Capital.
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Investment in technology solutions for finance sectors such as lending and insurance.
Locked Locked Locked
Venture capital firm focused on early-stage investments
Locked Locked Locked
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Investor details for MobiKwik

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by MobiKwik

MobiKwik has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clearfunds.

Investments
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Investment portfolio details for MobiKwik

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Direct mutual fund investments are enabled via an online platform.
Locked Locked 2016 Locked
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Complete acquisition details for MobiKwik

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  • Domains and locations

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Financial Statements - MobiKwik

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Detailed financials for MobiKwik

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  • Profit trends
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Mobikwik Comparisons

MobiKwik Primary company
Description
Operator of platform for online mobile, DTH recharge, and bi...
Location
Gurugram, India
Founded Year
2009
Annual Revenue
$139.41 M (USD)
Net Profit
-$14.28 M (USD)
EBITDA
-$4.76 M (USD)
Employees
663
As of 2024
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Peer comparison for MobiKwik

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Competitors of MobiKwik

MobiKwik operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PhonePe, Paytm, FreeCharge, YouTrip and MoneyGram, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payment, financial, investment, and lending services are provided digitally.
Locked Locked Locked
Digital payments, financial services, and e-commerce platforms are provided.
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Digital wallet services for bill payments and recharges are facilitated.
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NFC-enabled travel cards and wallets are provided for travelers.
Locked Locked Locked
Cross-border payments are enabled via wallet solutions for consumers.
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Detailed competitors of MobiKwik

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Mobikwik

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Complete news archive for MobiKwik

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MobiKwik

MobiKwik was founded in 2009 and raised its 1st funding round 4 years after it was founded.

MobiKwik is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Bipin Preet Singh is the current CEO of MobiKwik. They have also founded this company.

MobiKwik is a funded company, having raised a total of $283.54M across 23 funding rounds to date.

As of Mar 31, 2024, the latest employee count at MobiKwik is 663.

Annual revenue of MobiKwik is $139.41M as on Mar 31, 2025.

MobiKwik was established in 2009 in Gurugram, India, within the fintech sector. A digital platform is maintained to support online recharges for mobile phones and DTH services. Various utility bills are also processed through the system, allowing seamless transactions for users across the country. Operations focus on payment facilitation without physical infrastructure reliance.

MobiKwik's top competitors include Paytm, PhonePe and MoneyGram.

Yes, MobiKwik is publicly traded on NSE under the ticker symbol MOBIKWIK.

MobiKwik has made 1 acquisition, including Clearfunds.

MobiKwik has 58 investors. Key investors include Bajaj Finserv, American Express, BlackSoil, MediaTek, and NDTV.

The ticker symbol of MobiKwik is MOBIKWIK on NSE.

The valuation of MobiKwik is $843.96M as of Jan 2023.

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