News > Mobikwik eyes 100% revenue this fiscal, stays cautious on IPO launch

Mobikwik eyes 100% revenue this fiscal, stays cautious on IPO launch

Fintech firm Mobikwik is expecting to close the current financial year with 100 percent revenue growth, according to reports. Mobikwik chairperson and chief operating officer Upasana Taku stated that the company will not like to hit the market when it is behaving erratically but wait for the market condition to stabilize.

The company, which posted a narrowing of loss to Rs 111.3 crore and revenue of Rs 302.25 crore in the financial year 2021, expects to double the revenue by the end of the current financial year.