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MobiKwik to invest Rs 300 Crores to expand user base

MobiKwik to invest Rs 300 Crores to expand user base

Friday, February 24, 2017, 12:26 PM

Mobile wallet MobiKwik, is in talks with multiple investors, for its next round of funding and it is planning to invest INR 300 crores in office expansion, technology and marketing. The money would be spent on expansion aimed at growing its user base, from the current 50 million to 150 million within a year. Company is also planning to hire around 1,000 employees.
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