MobiKwik looks well placed to take advantage of growing digital payments trend

December 10, 2024

MobiKwik is raising Rs 572 crore through an IPO to fund business expansion. The company offers online payment solutions and financial services. It has a large user base and strong growth in GMV. However, profitability remains a concern. Investors with a higher risk appetite and long-term horizon may consider the IPO.

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