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Non Banking Financial Ocmpany

MobiKwik gets RBI approval for NBFC license

MobiKwik gets RBI approval for NBFC license

27 Apr 2026, 01:57 PM

The NBFC license will allow the fintech company to launch a new lending division -- MobiKwik Financial Services Pvt Ltd.

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Fintech Highlights

  1. PB Fintech Q1 FY27 revenue up 40% to Rs 1,348 crore, net profit jumps 92%

  2. Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals

  3. Peak XV, Elevation Capital offload Meesho shares worth Rs 1,949 crore via block deals

  4. GetVantage secures Series A1 funding led by Rajeev Ahuja, SanRaj Group

  5. InRisk Labs raises Series A funding led by Bessemer and Northpoint Capital

  6. Read more news...

AI/Emerging Tech

  1. Solinas Integrity secures Series A1 funding co-led by Mela Ventures, Hero Enterprise Family Office

  2. Capillary Technologies Q1 FY27 revenue up 43% to Rs 256 crore

  3. Former Swiggy, Zomato execs' AI startup Profound bags seed funding

  4. Kily bags Rs 30 crore funding led by Sorin Investments

  5. Sarvam AI raising $74 million in extended Series B funding led by Nvidia

  6. Read more news...

IPO Tales

  1. Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

  2. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  3. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  4. Shiprocket IPO: A profitable core, costly emerging bets

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Money & Machines

  1. Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

  2. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  3. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  4. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  5. Previous editions...

PE/VC Tales

  1. 'Traditional fintech SaaS still very valuable', says Cedar Hill Capital's Sahil Anand

  2. Inside the fintech bets of Blume Ventures

  3. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  4. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

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Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

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  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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