In Mobikwik’s IPO, the public investor is taking a VC-style risk

The fintech company is looking to rebuild its financial services business from scratch amid strong regulatory headwinds and will use the IPO’s proceeds to do so.

12 December, 202412 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Several issues are muddying the waters for Kent’s IPO

The popular appliance maker’s DRHP throws up multiple red flags, including large-scale slippages in business performance, that detract from its appeal. Should it then even go public?

Internet
Story image

Peak XV Partners should win the record outcome test with Pine Labs

Finally, this question will be answered. Who has returned the most amount of capital on any venture investment in India in the last two decades?

Internet
Story image

Have Tabby and Tamara cracked the buy now, pay later code in the GCC?

Both Gulf firms are being celebrated as fintech trailblazers. Mostly because they found themselves in the right place at the right time.