Monday 1 May 2023

Mobikwik Turned Profitable in March Quarter as Credit Active Users Doubled

Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs. 1,000 crore in the current fiscal along with full-year profitability, the company's co-founder Upasana Taku said. The company closed the 2022-23 financial year with a 39 percent net revenue growth at Rs. 560 crore.

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