Yes, Mobikwik is an Indian company that began its journey way back in 2008 in the digital payment niche in the country. Mobikwik was kinda like the brainchild of two visionaries, we are talking about none other than Bipin Preet Singh and Upasana Taku. Of course, like any other company out there, they had a pretty small start, but now, Mobikwik has become this giant in the game. So much so that they are even competing with other big players like Paytm, GooglePay, and Freecharge. Well if you care to know how Mobikwik came this far as a company, then keep on reading because this is a lowdown on just that. Here we go.
Highlights Of Mobikwik Company Details:
Mobikwik Company Is From Which Country | India |
Established Year | 2008 |
Mobikwik Company Owner | Bipin Preet Singh and Upasana Taku |
Mobikwik Company Headquarters | Gurgaon, Haryana, India |
Products Of Mobikwik | E-commerce payment system, Digital wallets |
Mobikwik Company Founders | Bipin Preet Singh and Upasana Taku |
Parent Company Of Mobikwik | One MobiKwik Systems Private Limited |
The Mobikwik Story
From the very beginning, the mobile recharging thing was kinda frustrating in India, and that is something Mobikwik tried to improve on. But they didn’t know what they were about to create, truly a giant in the Digital Wallets or Payments sector. As of now, Mobikwik has become a unicorn in the business world with a valuation of more than $1 billion, can you even believe it? But that’s 100% true because now it is a big fintech entity in the country. As you can see on your own, how far they have come, from just a mobile recharge process startup to a big fintech entity, that’s a long way.
Mobikwik In India
When Mobikwik decided to step into the digital payments game in the country, they had to face some initial hurdles, but that was good for the company in the long run. You see, it was in the year 2013 when the Reserve Bank of India authorized Mobikwik as a mobile phone-based payment system provider. Thanks to that, many brands or companies started using their platforms for streamlined and quick payment processing. And then they even stepped into the game of online transactions for the customers, that is exactly when they became a hit in the country. One of the standout features that made the a famous digital wallet platform in the country is actually the versatility of their wallet aka the digital product. That’s what people liked the most.
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Anantha Nageswaran is the chief editor and writer at TheBusinessBlaze.com. He specialises in business, finance, insurance, loan investment topics. With a strong background in business-finance and a passion for demystifying complex concepts, Anantha brings a unique perspective to his writing.