Abu Dhabi Investment Authority (ADIA) picks minority stake in MobiKwik for $20 Million
ADIA is the sovereign wealth fund of the UAE
IPO-bound MobiKwik is a digital payments platform
The fintech platform is currently valued at $700 Million
Since March 2021, MobiKwik has raised over Rs 235 crore
The firm had a setback following the data theft of over 9.9 million customers
