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Mobikwik News & Updates
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Coupon Code: MILES
Valid Till: 12-11-17
Indian Startup MobiKwik Nears Filing for $300 Million IPO
One MobiKwik Systems Pvt, the Indian digital wallet and payments startup, is preparing to file a draft prospectus for a Mumbai initial public offering that could raise about $300 million, people familiar with the matter said.
www.bloomberg.com
Indian financial services firm MobiKwik looks to raise $255 million in IPO | TechCrunch
Gurgaon-based mobile wallet service firm MobiKwik plans to raise up to $255 million in an initial public offering, becoming the latest Indian startup to
techcrunch.com
IPO-bound Mobikwik reserves 7% of its equity for employee stock options
The Gurgaon-based fintech startup said that 20% of its grants happened around the time it filed its draft red herring prospectus (DRHP) in July. The firm plans to raise Rs 1,900 crore ($255 million) in its IPO, scheduled for later this year.
MobiKwik IPO creates Rs 300-crore windfall for its 470 employees
Fintech major MobiKwik, which has filed its draft red herring prospectus (DRHP), on Tuesday said the listing should provide a bountiful rewards to its employees through the ESOPs issued to them. The company, under its ESOP 2014 Scheme, has reserved 4.5 million equity shares for creating a pool...