Indian paytech MobiKwik refiles draft papers for IPO, hopes to raise $84m
The company’s initial plans for a $255m IPO in 2021 were scrapped due to weakening market conditions.
The company’s initial plans for a $255m IPO in 2021 were scrapped due to weakening market conditions.
The IPO forms part of the company’s “IPO 2022 campaign”.
Google is expected to launch a mobile payments app in India next week. Google Tez, which means “fast” in Hindi will reportedly support Android Pay as well as the government-backed Unified Payments Interface and other consumer payment services including Paytm and MobiKwik.
Indian mobile wallet provider MobiKwik is launching a new, Uber-like service.