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Posts Tagged ‘ Bipin Preet Singh ’

Why Paytm levied 2% fee on top-up via credit card, and MobiKwik seized the moment

Thursday, March 9, 2017 | More »

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India’s mobile wallet companies have a knack for being in the news. Just a day after Vijay Shekhar Sharma-led market leader Paytm said it will levy 2% fee for adding money to the wallet using credit cards, arch-rival MobiKwik has announced that it will continue to offer “free” uplo...

In U-turn, NPCI tells PhonePe to adhere to UPI norms

Will abundant cash supply spoil the m-wallet party?

Without a doubt, digital wallets have been the biggest beneficiary of Prime Minister Narendra Modi’s November move to scrap high-value banknotes. The resultant cash crunch brought thousands of borderline and non-users into the ecosystem, something that would have otherwise taken a few quarters...

9 February, 2017 | More »

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Budget wish list: Cut corporate tax for startups, announce sops for fin-tech firms

The budget must announce measures to upgrade digital infrastructure across the country. This will encourage more merchants and consumers to transact on non-cash, online platforms. Digital India is a laudable initiative. We need to improve digital literacy and connect cities, towns and villages with ...

27 January, 2017 | More »

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MobiKwik hires Line India’s former head Daman Soni to drive user growth

Digital wallet firm MobiKwik has appointed former India head of instant messaging app Line, Daman Soni, as vice president for growth. In his new role, Soni will be responsible for achieving the company’s user growth targets. Besides, he will also support the marketing function, MobiKwik said i...

19 January, 2017 | More »

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Exclusive: Former 99acres EVP Vineet Singh joins MobiKwik as chief business officer

Former 99acres EVP Vineet Singh has joined digital wallet company MobiKwik as chief business officer. The company confirmed the development to Techcircle. Singh, who was part of the management team of Info Edge (India) Ltd and sales head of its internet properties, 99Acres.com, Jeevansathi.com and N...

15 December, 2016 | More »

MobiKwik

MobiKwik launches ‘Lite’ app for users with slow net connectivity

Digital wallet firm MobiKwik on Monday launched a data-light version of its mobile application, targeting smartphone users and small business owners who face challenges of slow Internet connectivity that hampers access to digital payments. The MobiKwik Lite app’s size is as small as 1 MB and it ca...

28 November, 2016 | More »

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MobiKwik gets $50M from Japan’ GMO, Taiwan’s MediaTek, others

Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik, has raised $50 million in its Series C round led by Japan’s GMO Payment Gateway and Taiwanese semiconductor company MediaTek. Existing investors Sequoia Capital and Tree Line Asi...

3 May, 2016 | More »

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Budget 2016: A faithful follow-up to Startup India Action Plan, say techpreneurs

The Union Budget 2016 remained faithful to the Startup India Action Plan announced by Prime Minister Narendra Modi last month. From the three-year tax holiday to easing up on capital gain tax, the Budget document merely lent a touch of official sanction to the key proposals to the Startup India Acti...

29 February, 2016 | More »

MobiKwik

Online recharge & mobile wallet MobiKwik raises $25M from Tree Line, others

Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik, has raised $25 million (over Rs 150 crore) in a Series B round of funding led by Tree Line Asia, it said on Wednesday. Cisco Investments, American Express and existing investor Sequoia...

8 April, 2015 | More »

MobiKwik

MobiKwik launches open wallet for consumers

Gurgaon-based One MobiKwik Systems Pvt Ltd that runs online recharge platform Mobikwik.com has launched its open wallet for consumers. Customers can store up to Rs 50,000 on the wallet and use it for payment on various partner merchant sites. As of now, there are around 150 merchants on board that i...

27 September, 2013 | More »

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