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FinTech

Decoding MobiKwik’s Plans To Get Back Into The Profitability Lane


SUMMARY

MobiKwik reported a net loss of INR 55.28 Cr in Q3 FY25, taking its loss count for the first nine months of FY25 to INR 62.85 Cr

CFO Taku said that the company is focussing on balancing its lending portfolio by adding new products, some of which would be secured

The company’s most immediate focus will be on expanding MobiKwik’s spends analytics platform Lens and entering the insurance aggregator space

Fintech company MobiKwik saw an overwhelming investor traction for its initial public offering (IPO) last year,…



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