Rachit Raj's Contact Details

Rachit Raj's Company Details

MobiKwik

Gurugram, Haryana, IN • 1270 Employees
Financial Services

MobiKwik is India's leading FinTech platform, offering a wide range of financial products for both consumers and merchants, including payments, digital credit, and investments. We are a technology-first company leveraging big data analytics and deep data science (including machine learning) to continuously delight users and merchants on our platform. Our mission is to build a world class payments and credit product for Bharat! Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik has grown to become a trusted platform with 135 million registered users. Our users can easily make payments for their everyday needs, such as utility bills, e-commerce, food delivery, and shopping at small and large retail chains, as well as mom-and-pop(Kirana) stores across our 4 million-strong merchant network. With the credit card penetration rate in India being only 3.5%, we launched digital credit in 2018 to cater to the credit needs of digitally-savvy users. We now have 30 million credit pre-approved users, and we are dedicated to providing underserved Indians with their first credit experience. MobiKwik is a fast-growing fintech company that stands out from its peers. In 2021, we achieved profitability in two quarters, Q3 and Q4 FY22. We ended FY2022 with INR 5.4 bn in revenue, a remarkable 80% YoY growth. For more information: https://www.mobikwik.com