MobiKwik slashes valuation by 73% in India IPO
MobiKwik, an Indian financial services startup, has cut its planned IPO size for the third time, setting a price band of 265-279 Indian rupees ($3.1-3.3) that values it at $250 million — down sharply from its $924 million private valuation in 2021. The Gurugram-based fintech, backed by Peak XV and ADIA, is seeking to raise […]
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