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India’s MobiKwik is raising new funding at $1B valuation to battle payment rival Paytm

India’s MobiKwik is raising new funding at $1B valuation to battle payment rival Paytm

 With high-profile investments from Alibaba and SoftBank fueling an impressive growth story since demonetization last year, you could be forgiven for thinking that Paytm has India’s payments market sewn up. But at least one company will agree to differ on that. MobiKwik, the mobile payments startup that is number two to Paytm in India, is quietly confident that it can take advantage of… Read More


Source: TechCrunch

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