MobiKwik's new funding may make it a billion-dollar startup
Digital payments startup MobiKwik is reportedly set to raise more than $100 million from investors including BlackRock at a valuation of $1 billion. If completed, the transaction would make MobiKwik the second billion-dollar startup from Indiaâs fintech industry after Alibaba-backed Paytm. Founded in 2009 by Upasana Taku and Bipin Singh, MobiKwik is backed by Sequoia Capital and American Express.