Decoding MobiKwik’s Plans To Get Back Into The Profitability Lane

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SUMMARY

MobiKwik reported a net loss of INR 55.28 Cr in Q3 FY25, taking its loss count for the first nine months of FY25 to INR 62.85 Cr

CFO Taku said that the company is focussing on balancing its lending portfolio by adding new products, some of which would be secured

The company’s most immediate focus will be on expanding MobiKwik’s spends analytics platform Lens and entering the insurance aggregator space

Fintech company MobiKwik saw an overwhelming investor traction for its initial public offering (IPO) last year,…



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Decoding MobiKwik’s Plans To Get Back Into The Profitability Lane


SUMMARY

MobiKwik reported a net loss of INR 55.28 Cr in Q3 FY25, taking its loss count for the first nine months of FY25 to INR 62.85 Cr

CFO Taku said that the company is focussing on balancing its lending portfolio by adding new products, some of which would be secured

The company’s most immediate focus will be on expanding MobiKwik’s spends analytics platform Lens and entering the insurance aggregator space

Fintech company MobiKwik saw an overwhelming investor traction for its initial public offering (IPO) last year,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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