MobiKwik Spins The Revenue Wheel

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Paytm went through the fire soon after its listing, and now it’s MobiKwik’s turn. The Gurugram-based fintech company has seen a rough few months after listing.

Having peaked in the first week after its IPO, MobiKwik has been on a slide for the past three-plus months.

It has indeed been painful for those who have been holding MobiKwik since its listing. The stock hit a peak of INR 698.30 on December 26, 2024, but since then it has lost over 56% value and is currently trading at INR 304.85 as of Friday, March 28, 2025.

This quarter of…



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MobiKwik Spins The Revenue Wheel


Paytm went through the fire soon after its listing, and now it’s MobiKwik’s turn. The Gurugram-based fintech company has seen a rough few months after listing.

Having peaked in the first week after its IPO, MobiKwik has been on a slide for the past three-plus months.

It has indeed been painful for those who have been holding MobiKwik since its listing. The stock hit a peak of INR 698.30 on December 26, 2024, but since then it has lost over 56% value and is currently trading at INR 304.85 as of Friday, March 28, 2025.

This quarter of…



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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