MobiKwik

MobiKwik, established in 2009, stands as India's Leading Digital Financial Services Platform, trusted by over 160 million Indians and 4 million businesses. Specializing in a vast array of financial products, including payments, digital credit, and investments, the platform caters to both consumers and merchants.

The company leverages cutting-edge data analytics and machine learning to enhance user and merchant experiences, with a commitment to developing world-class financial solutions for the Indian market. The burgeoning fintech firm reached significant milestones with profitability in Q3 and Q4 FY22 and garnered a revenue of INR 5.4 billion in FY2022, marking an 80% year-over-year growth.

With 30 million pre-approved digital credit users, MobiKwik addresses the low credit card penetration in India, offering first-time credit experiences to many. Most recently in March 2024, it secured a INR 500 million Debt Financing from BlackSoil, positioning it well for future growth in the fintech sector.