Fintech platform Mobikwik eyes unicorn valuation after IPO in September 2021
It plans to raise $200 Mn to $250 Mn at a valuation of $1 Bn via IPO
A pre-IPO round valued at about $700 Mn is also on the anvil
Founded in 2009, Mobikwik is based at Gurugram
The firm claims to have disbursed over 19 lakh loans through its Digital Credit Line
They also acquired Mumbai-based ‘Clearfunds’ back in 2018
Mobikwik competes with indigenous players like Paytm and PhonePe
