MobiKwik Enters Stock Broking Segment

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SUMMARY

MobiKwik has set up an wholly owned subsidiary Mobikwik Securities Broking Private Limited to take on the likes of Zerodha and Groww

MSBPL has initial paid-up share capital of INR 1 Lakh. MobiKwik plans to pump in INR 2 Cr in the subsidiary in one or more tranches

MobiKwik has a user base of INR 17.2 Cr and it would look to leverage this to gain a big share of the country’s fast-growing investment tech market, expected to become a $74 Bn opportunity by 2030

Fintech major MobiKwik has become the latest entrant to…



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MobiKwik Enters Stock Broking Segment


SUMMARY

MobiKwik has set up an wholly owned subsidiary Mobikwik Securities Broking Private Limited to take on the likes of Zerodha and Groww

MSBPL has initial paid-up share capital of INR 1 Lakh. MobiKwik plans to pump in INR 2 Cr in the subsidiary in one or more tranches

MobiKwik has a user base of INR 17.2 Cr and it would look to leverage this to gain a big share of the country’s fast-growing investment tech market, expected to become a $74 Bn opportunity by 2030

Fintech major MobiKwik has become the latest entrant to…



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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