Mobikwik gets Sebi nod for Rs 700cr IPO – Times of India

Mobikwik gets Sebi nod for Rs 700cr IPO – Times of India



BENGALURU: Mobikwik has acquired approval from Sebi for its Rs 700-crore IPO. The corporate has refiled its IPO papers with Sebi on Jan 4.
The proceeds from the contemporary challenge shall be allotted to speed up development – Rs 250 crore for funding development within the monetary providers enterprise, Rs 135 crore every for funding development within the fee providers enterprise and funding in information, ML, AI, product, and tech, Rs 70 crore for capital expenditure.







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