Friday, April 19

Search Results for: mobikwik

News Updates: MobiKwik Partners With Domino’s Pizza, Burger King, Flipkart’s EKART Introduces Smart Courier Service

MobiKwik, one of India’s independent mobile payments’ network has partnered with Domino’s and Burger King for cashless payments across their outlets in 200+ Indian cities. With this association, MobiKwik now has enabled cashless payments across 8,000 restaurants in India. Announcing these associations, Upasana Taku, co-founder, MobiKwik said: “At MobiKwik, we are driven with the vision […]

Mobikwik Raised USD 50 Million (Rs 330 crore) in Funding

Mobile wallet company Mobikwik today said it has raised USD 50 million (about Rs 330 crore) in funding, led by Japanese payments firm Gateway and Taiwanese chip maker MediaTek. Its existing investors such as Sequoia Capital and Treeline Asia also participated in the current round of funding. The company said it will use the proceeds […]

Mobikwik Planning To Turn Profitable By mid-2017

Gurgaon-based mobile wallet firm MobiKwik expects to turn profitable by mid-2017 and plans to diversify revenue streams by offering financial products like loans and mutual funds, a senior executive said. “We are looking at diversifying our revenue streams and our first goal is to be profitable on a monthly basis by middle of 2017,” MobiKwik […]

Big Blow For Paytm & Mobikwik- IRCTC Barred Usage of E-wallets between 8AM to 12PM

The railway ministry on Thursday announced new rules for booking of online tickets through the IRCTC website, which will be effective from February 15. It has barred usage of e-wallets and cash cards between 8 am and 12 noon, besides reducing the maximum number of ticket bookings allowed to an individual user to six in […]

The Five Most Inspiring Young Indian Entrepreneurs You Must Know About

In the last few years, India has been witnessing a huge growth in the number of startups and thus, the birth of entrepreneurs in the country has also risen. With this, our country has got such an amazing number of talented and hard-working entrepreneurs that have helped India to reach a different level of success. […]

RBI to Introduce Mobile Wallet Interoperability Soon

While the mobile wallet industry is emerging at an impressive pace in India, it now is looking actively for the Reserve Bank of India to release interoperability guidelines for the industry. Notably, RBI’s master directions on Mandatory KYC compliance (Issuance and Operation of Pre-paid Payment Instruments) that came in October 2017 had proposed digital wallets […]

IRCTC to Launch its Own Payement Gateway Soon

Indian Railway Catering and Tourism Corp. (IRCTC), a subsidiary of Indian Railways is all set to launch its very own payment gateway service targeted at gaining more revenue and reducing its dependency on third-party payment service providers, as reported by two people involved in the matter. IRCTC, which currently is the largest consumer internet firm […]

You Can Now Book An Ola Cab From IRCTC’s Website!

The IRCTC-Ola collaboration will give customers the chance to book an Ola ride whenever they visit the IRCTC Rail Connect App or the website.   The Ola-IRCTC Partnership The railway Public Sector Undertaking (PSU) and Indian Railway Catering and Tourism Corporation (IRCTC) announced on Monday they were tying up with Ola, the cab aggregator, in […]

Whatsapp Secretly Releases Beta Version of Payment in India

Last month, it was reported that Facebook owned WhatsApp could launch its digital payment service in India which will allow peer-to-peer money transfer through the messaging app. After the feature’s launch on November 07 in UK, the mobile application software is ready to launch the feature in India by this month. This comes as an […]