MobiKwik Raises 225 cr from Bajaj Fin
MobiKwik has raised .₹ 225 crore from Bajaj Finance, offloading 10.83% stake. The deal values the digital payments company at .₹ 2,077 crore. MobiKwik is also in talks with a different set of investors to raise .₹ 75 crore. It has entered into a strategic alliance with Bajaj Finance to launch India’s first debit and credit wallet.