Why MobiKwik’s IPO is equally important for Peak XV Partners
Behind the fintech firm’s much-reduced second offer is an insistence ‘to do things the right way’ driven by its oldest and largest institutional investor.
15 January, 2024•10 min
0
15 January, 2024•10 min
0
More in Internet
Internet
Is the cross-border payment aggregation wave here to stay?
Firms like Razorpay and Pine Labs are eyeing the lucrative international remittances market with their newly received cross-border payment aggregator licences. The opportunity, albeit large, is not without challenges.
You may also like
Internet
In India’s Lenskart IPO, a success for ADIA
The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
Business
India Inc reports bleak Q2 results on Tuesday
Losses widen for IndiGo and MobiKwik. Adani Enterprises and Indian Hotels Company see their profit dips.
