Mobikwik seeks to raise $100 million after deferring planned IPO - Moneycontrol

The Gurugram-based fintech firm, which turned profitable for the first time in the quarter ending Dec. 31, will use the funds for marketing, to hire people and make acquisitions, co-founder Upasana Taku said in an interview in Mumbai.

One Mobikwik Systems Ltd. is in talks with investors to raise as much as $100 million in equity to finance business expansion after it deferred an initial public offering, a founder of the company sa… [+1086 chars]

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