MobiKwik Surges 82% in Market Debut

• MobiKwik's IPO will be a fresh issue of equity shares with no offer for sale component.
• The fintech unicorn plans to use the IPO proceeds to grow its financial services and expand its payments business.
• MobiKwik may also pursue a...

• MobiKwik launched its e₹ wallet, partnering with RBI and Yes Bank, marking a significant fintech milestone.
• India's CBDC is now accessible beyond banks, allowing P2P and P2M transactions via UPI, with a transaction limit of INR 50,00...

Anyone got screwed up by Mobikwik Xtra since the RBI updated their P2P rules recently?

I am deadly screwed up now since they have blocked withdrawals.

I have never felt like this in life I guess. I am starting to lose my senses now.

N...

• Zepto, an Indian instant delivery startup, has secured $340 million in a Series G round, valuing the company at $5 billion.
• The funding round, co-led by General Catalyst and Mars Growth Capital, brings Zepto's total fresh funding th...