Mobikwik News

Knowing when to act as husband and wife, and when to be co-founders, is, some say, the trickiest part of navigating day-to-day business for entrepreneurs who are also a couple. In this snippet from Rollin’ With The Boss, MobiKwik’s Co-Founder, Upasana Taku shares with Abhishek Singh, Deputy Editor Mint, how she and her husband, and co-founder Bipinpreet Singh compartmentalize their work and personal lives and work @mobikwik Car Courtesy @BMWIndia

More than fourteen years after co-founding Mobikwik , Upasana Taku remains one of the few successful female entrepreneurs in the fintech industry. Reflecting on her journey, she emphasizes that combating the stereotype that 'women are not good at finance' has been one of the most challenging aspects of her journey as a fintech founder. In this episode of Rollin’ WIth The Boss, Upasana Taku, Co-founder, CFO Mobikwik talks to Abhishek Singh, Deputy Editor, Mint about stereotypes she has had to fight, navigating day-to-day business as a ‘couplepreneur’, her love for bikes, cars, adventure, and a lot more. Watch.

India has got many things right in the last few years. Among those, the digitalisation of payments is right on top. India’s successful efforts to digitalise payments have a fan following of its own. And no, we aren’t saying it, The World Bank President Ajay Banga who is a fan of India's digital payment system, the UPI said it in as many words. But why is Banga so gung ho about India’s digital payments? What role is it playing in India's economic growth? Watch the full video to find out.

All three motorbikes come with a 6-cylinder, in line engine of 1,649 cc capacity. It produces 160 hp of max power at 6,750 rpm and a peak torque output of 180 Nm at 5, 250 rpm.

MobiKwik’s revenue grew 133% year-on-year to ₹379 crore in 2019-20. It also reduced its Ebitda loss by 60% to ₹45 crore in FY20. The startup now aims to become profitable by the end of FY21

Firms explore different biz segments as their conventional sources of revenue have been hit

Known as the payment link service, the feature can make it easier for a user to initiate the transaction, even though he or she may not be aware of the UPI features.

In the consumer payments vertical MobiKwik saw its net revenue double to ₹230 crore in FY20Due to covid-19 impact, MobiKwik saw a 30% dip in transaction volumes on its platform

According to reports, MobiKwik held talks with PayU to sell off its payment gateway business ‘Zaakpay’ for $50-$60 millionReports of a buyout also come at a time when MobiKwik reportedly turned profitable at a unit level before deduction of taxes, depreciation , and amortization

MobiKwik will double down its fintech scale in 2020 to make FY21 its first full year of profitable growth, says co-founder Upasana TakuThe company aspires to become the first Indian fintech and first Indian payments firm to get listed in the country