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State-owned telecom network BSNL has today launched its mobile wallet - BSNL Wallet, in partnership with MobiKwik. It will only be available to its 100 million users.
After raising ₹225 crore from Bajaj Finance, Mobikwik is now targeting to raise ₹450 crore by the end of this year. It aims to become a one-stop shop for all finance services.
Online payments startup MobiKwik has raised Rs 225 crore from Bajaj Finance in its latest funding round. With this funding, the company aims to become a one-stop shop for all finance services.
Mobikwik is planning to raise ₹640 crores - ₹960 crores in venture capital from a group of investors at a valuation of ₹6400 crores.
Digital Payment service provider startup, Mobikwik is in talks with BlackRock Inc, Canara Bank and Bank of Baroda to raise ₹650 crores at a valuation of ₹6,500 crores.
Mobikwik is targeting a three fold growth in the coming year with a target of signing 5 million merchants. It is targeting a valuation in excess of $1 Billion.