MobiKwik in talks to raise over $60 million
Mobile payments startup MobiKwik is in talks with investors to raise over $60 million before the end of the current fiscal, its Co-founder Upasana Taku said. She also said that the company will launch financial services like personal loans, insurance and zero interest loans. Founded in 2009, MobiKwik offers a wallet for shopping, peer-to-peer money transfer, and bill payments.