Wednesday, 1 October, 2025
MobiKwik to Invest ₹10 Crore in Finserv Arm Amidst Financial Challenges
MobiKwik's parent company, One Mobikwik Systems, has announced an investment of ₹9.99 crore into its wholly owned subsidiary, Mobikwik Financial Services. This decision follows a significant widening of the company's net loss and a 20.7% decline in operating revenue for the quarter ending June 2025. The funds will be infused in one or more tranches to strengthen the financial services arm.
Read full story at Economic Times