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Money & Machines: MobiKwik

Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

30 May 2026, 16:13 PM

We write about MobiKwik’s lending ambitions; and a worrying trend emerging across the technology industry...

MobiKwik says over 90% dues repaid as Xtra scrutiny deepens

MobiKwik says over 90% dues repaid as Xtra scrutiny deepens

26 May 2026, 12:38 PM

The clarification comes after FIRs were registered in Bengaluru against MobiKwik and lending partner Lendbox.

Bengaluru police registers cases against MobiKwik, Lendbox over Xtra dispute

Bengaluru police registers cases against MobiKwik, Lendbox over Xtra dispute

25 May 2026, 17:08 PM

The latest police action adds another layer to a dispute that has been simmering since tighter RBI norms reshaped India’s P2P lending landscape in 2024.

MobiKwik Q2 FY25: Revenue at Rs 291 crore and Rs 3.5 crore loss

MobiKwik Q2 FY25: Revenue at Rs 291 crore and Rs 3.5 crore loss

07 Jan 2025, 23:43 PM

MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

20 Sep 2024, 19:57 PM

More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.

RBI amends P2P lending guidelines

RBI amends P2P lending guidelines

16 Aug 2024, 22:27 PM

After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.

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