Tag: Mobikwik
Food delivery firm Zomato surges 65% in key India debut
Shares in Zomato, a Gurgaon-based food delivery company and first of India’s consumer tech startups to go public, closed up 64.7% in its debut day of trading in Mumbai, delivering a key insight into the appetite investors have for the world’s second largest internet market’s burgeoning startup ecosystem. Zomato’s shares…
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Indian financial services firm MobiKwik looks to raise $255 million in IPO
Gurgaon-based mobile wallet service firm MobiKwik plans to raise up to $255 million in an initial public offering, becoming the latest Indian startup to explore the public markets. The 12-year-old firm, which counts Sequoia Capital India and Abu Dhabi Investment Authority among its investors and has raised about $250 million…
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MobiKwik investigating data breach after 100M user records found online
MobiKwik said on Tuesday it was investigating claims of data breach after a website claimed to have exposed private information of nearly 100 million users of the Indian mobile payments startup. Over the weekend, a site on the dark web claimed it had 8.2 terabytes data of MobiKwik users. The…
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