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MobiKwik said that infusion will be utilised to enter leasing and hire-purchase deals for assets such as machinery, equipment, vehicles, ships, aircraft and factories
The company will be investing the amount in the subsidiary in one or more tranches by October 10
MobiKwik’s net loss zoomed 6X YoY toINR 41.9 Cr in Q1 FY26 while its top line declined 21% YoY to INR 271.4 Cr during the quarter under review
About five months after entering the NBFC business, fintech…
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MobiKwik said that infusion will be utilised to enter leasing and hire-purchase deals for assets such as machinery, equipment, vehicles, ships, aircraft and factories
The company will be investing the amount in the subsidiary in one or more tranches by October 10
MobiKwik’s net loss zoomed 6X YoY toINR 41.9 Cr in Q1 FY26 while its top line declined 21% YoY to INR 271.4 Cr during the quarter under review
About five months after entering the NBFC business, fintech…
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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