Mobikwik
Latest, :
What it means
Mobikwik's revenue growth is the hard number; whether its merchant and distribution fees kept up is the open question.
Reported: Revenue +3.7% in Q1 FY27 on a net profit of ₹7.6 cr.
Watch: Q2 FY27 results, expected early Nov — revenue growth below Q1's 3.7%.
Before its next results, expected early Nov:Before then:
- Affected
- Pine Labs — a pace to matchDo now: By early Nov: benchmark your growth against this pace.
- Mobikwik's bank, lender and insurer partners — orders growing with itDo now: By early Nov: plan its orders on this growth.
Both figures from 3 Aug 2026 reports.
Our arithmetic · not a reported figureChange
- +₹49.5 crorefrom Q1 FY26 consolidated net loss to Q1 FY27 consolidated net profit
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: MobiKwik’s Upasana Taku buys 1.07 lakh shares for about ₹2.12 croreReported: Watch:
- Reported: MobiKwik’s AI-led focus on lending drop-offs and personalised offers makes funnel conversion and credit-quality monitoring the key operating levers behind its ₹300 crore quarterly disbursal target.Reported: MobiKwik is deploying AI models to identify lending drop-offs and tailor offers for 96 million potential borrowers. MobiKwik targets ₹300 crore more in quarterly loan disbursals through AI.Watch:
Background
From 5 stories, the newest dated 10 Oct 2026. Summary written 13 Oct 2026.
MobiKwik, run by One MobiKwik Systems, is a listed payments company in India. [1] source: Business Today
Show 3 more paragraphs and 5 sources
It serves 4.9 million merchants and targets 10x merchant business growth by FY28. [1] source: Business Today It went public in December 2024, and co-founder Upasana Taku said no promoter-group member has sold shares since the IPO. [2] source: Business Standard
In October 2026, the RBI gave MobiKwik in-principle approval for a Payment Aggregator – Physical licence. The shares closed at Rs 256, up 5.74 per cent, a 30.35 per cent gain over three days. [1] source: Business Today Inc42 reported that the shares rose nearly 25% to ₹245.40 in the week to 10 October on expectations of UPI MDR fees of up to 0.4% from October 15. [3] source: Inc42 On September 28 and 29, 2026, Taku bought 1.07 lakh shares for about ₹2.12 crore, taking her holding to 80.65 lakh shares. [2] source: Business Standard Mint's report on IPO proceeds reallocation listed ₹61 crore of MobiKwik funds diverted to a subsidiary and ₹34 crore reallocated for payment devices. [4] source: Mint
A proposal under consideration would defer the UPI MDR start to January 1, 2027 from October 15, 2026. [5] source: Business Standard
Sources
Questions about Mobikwik
Who leads Mobikwik?
Upasana Taku is a co-founder of MobiKwik. In September 2026 she bought 1.07 lakh shares for about ₹2.12 crore, raising her holding to 80.65 lakh shares. [2] source: Business Standard
What is Mobikwik's current strategy in India?
In October 2026 MobiKwik received RBI in-principle approval for a Payment Aggregator – Physical licence and set a target of 10x merchant business growth by FY28. [1] source: Business Today Mint reported in October 2026 that ₹34 crore of its funds were reallocated to payment devices and ₹61 crore diverted to a subsidiary. [4] source: Mint
More stories about Mobikwik
Stories that mention Mobikwik
6 stories
Mobikwik is named in these stories but is not their subject.
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