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Mobikwik

MobiKwik aims US $400 million GMV from food sector in 2017

Eyeing a 200 per cent growth in footprint, Indian mobile wallet major, MobiKwik said the gross merchandise value (GMV) of its food vertical would reach US $400 million by the end of 2017 as it expands its reach in...

MobiKwik to raise fresh funds in three months

Digital payments firm MobiKwik said that it is looking at raising fresh funding in three months as it revs up expansion to compete head-on with rivals like Paytm. According to a PTI report: The company, which has raised over US...

MobiKwik sees spike in retailer enrolment from Tier II, III cities

Indian mobile wallet major, MobiKwik said that Tier II and Tier III towns are leading the next level of growth in cashless transactions as the steps initiated by the Central Government to promote digital payments in smaller towns are...

The art of running a restaurant, a business that makes or breaks it!

Are you thinking of opening a restaurant or already are running one? We say with caution that as exciting as a restaurant business sounds, it’s a fluctuating tidal wave of commerce that has broken many ambitions and hearts! Just recently, a...

MobiKwik launches app in 5 regional languages

Domestic mobile wallet major MobiKwik on Thursday launched five more regional language versions of its mobile app for its users. "We have launched further regional versions of our app in Bengali, Odia, Punjabi, Tamil and Telugu languages. This move will...

MobiKwik to set up 13 offices pan-India

Domestic mobile wallet platform MobiKwik on Thursday announced it will set up offices in 13 cities by the end of the first quarter of 2017 and hire over 1,000 people to drive business growth. The expansion will enable 150 million...

Impact of demonetization on online shopping in 2017

India is one of the key growth countries when it comes to e-commerce but it is still at a nascent stage and has a huge potential for growth. The Indian Government's sudden and unprecedented move on November 8, 2016...

MobiKwik reaches 1 mn merchant mark

Domestic mobile wallet platform MobiKwik on Thursday announced the milestone of reaching one million merchants on its payment network, registering 1,000 per cent growth since November this year. "To promote adoption, we also embarked on a mission, the 'Cashless Bharat...

Now pay at Amul outlets with MobiKwik

Domestic mobile wallet platform MobiKwik on Wednesday tied up with Indian dairy co-operative Amul to help customers make cashless payments at its outlets. The facility can be used at 7,000 Amul outlets and three lakh Amul multi-brand outlets and retailers...

New authentication rule no threat to payment companies, will only accelerate digital payment adoption

After increasing the limit on mobile wallet spends, RBI has now eased card payments by removing the two-factor authentication for online card transactions involving sums up to Rs 2,000. The move aims to simplify and encourage electronic payments adoption at...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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