MobiKwik’s Q4 Blues Usher In Litmus Test 

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When MobiKwik listed last December, it was at the tail end of a cycle for startup IPOs that has not yet revived. Nevertheless, it was seen as a coming of age for the Delhi NCR-based fintech company.

Six months later though, some of the statements saying that MobiKwik has matured could be labelled as overenthusiastic. If anything, MobiKwik’s problems mirror that of Paytm in 2024, and after its Q4 results, the company finds itself deeper in the red.

MobiKwik reported a net loss of INR 121.53 Cr for the full year (FY25) as against a net profit…



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MobiKwik’s Q4 Blues Usher In Litmus Test 


When MobiKwik listed last December, it was at the tail end of a cycle for startup IPOs that has not yet revived. Nevertheless, it was seen as a coming of age for the Delhi NCR-based fintech company.

Six months later though, some of the statements saying that MobiKwik has matured could be labelled as overenthusiastic. If anything, MobiKwik’s problems mirror that of Paytm in 2024, and after its Q4 results, the company finds itself deeper in the red.

MobiKwik reported a net loss of INR 121.53 Cr for the full year (FY25) as against a net profit…



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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