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
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name One Mobikwik Systems Limited
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Annual Revenue
$139.14 M (USD)34.4as on Mar 31, 2024
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Net Profit
$-14.25 M (USD)-963.19as on Mar 31, 2024
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EBITDA
$-4.75 M (USD)-161.72as on Mar 31, 2024
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Total Equity Funding
$283.54 M (USD)
in 23 rounds
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Latest Funding Round
$6 M (USD), Debt – Conventional
Mar 28, 2024
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Investors
Bajaj Finserv
& 57 more
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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.
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Leadership Team
23 people
Software Development Team
22 people
Sales and Marketing
13 people
Product Management Team
11 people
Devops Team
8 people
Data Analysis and Operations Team
7 people
Human Resources and Administration
6 people
Senior Team
6 people
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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.
- Total Funding Total Funding
- Total Rounds 23
- Last Round Debt – Conventional — $6.0M
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First Round
First Round
(01 Jun 2013)
- Investors Count 58
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Debt – Conventional - MobiKwik | Valuation |
investors |
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| Jan, 2023 | Amount | Series H - MobiKwik | Valuation | BlackSoil |
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| Dec, 2021 | Amount | Series H - MobiKwik | Valuation | Bennett, Coleman |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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Investment in technology solutions for finance sectors such as lending and insurance.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MobiKwik
MobiKwik has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clearfunds. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Direct mutual fund investments are enabled via an online platform.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MobiKwik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mobikwik Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment, financial, investment, and lending services are provided digitally.
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| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Digital wallet services for bill payments and recharges are facilitated.
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| domain | founded_year | HQ Location |
NFC-enabled travel cards and wallets are provided for travelers.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mobikwik
Frequently Asked Questions about MobiKwik
When was MobiKwik founded?
MobiKwik was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is MobiKwik located?
MobiKwik is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of MobiKwik?
Bipin Preet Singh is the current CEO of MobiKwik. They have also founded this company.
Is MobiKwik a funded company?
MobiKwik is a funded company, having raised a total of $283.54M across 23 funding rounds to date. The company's 1st funding round was a Series H of $13.97M, raised on Jun 01, 2013.
How many employees does MobiKwik have?
As of Mar 31, 2024, the latest employee count at MobiKwik is 663.
What is the annual revenue of MobiKwik?
Annual revenue of MobiKwik is $139.14M as on Mar 31, 2024.
What does MobiKwik do?
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.
Who are the top competitors of MobiKwik?
Is MobiKwik publicly traded?
Yes, MobiKwik is publicly traded on NSE under the ticker symbol MOBIKWIK.
How many acquisitions has MobiKwik made?
MobiKwik has made 1 acquisition, including Clearfunds.
Who are MobiKwik's investors?
MobiKwik has 58 investors. Key investors include Bajaj Finserv, American Express, BlackSoil, MediaTek, and NDTV.
What is MobiKwik's ticker symbol?
The ticker symbol of MobiKwik is MOBIKWIK on NSE.
What is MobiKwik's valuation?
The valuation of MobiKwik is $843.96M as of Jan 2023.
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