Connect with us

Entrepreneur Stories

From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

Published

on

From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

Continue Reading
Advertisement
16 Comments

16 Comments

  1. Fernando Compau

    April 10, 2025 at 9:28 pm

    I like what you guys are up too. Such clever work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my site 🙂

  2. Garnet Lorion

    April 15, 2025 at 2:37 am

    I don’t even know how I ended up here, but I thought this post was great. I do not know who you are but certainly you are going to a famous blogger if you are not already 😉 Cheers!

  3. NAsdrirai

    April 30, 2025 at 3:29 am

    Было около десяти часов утра. продвинуть сайт самому Про супругу Берлиоза рассказывали, что будто бы ее видели в Харькове с каким-то балетмейстером, а супруга Степы якобы обнаружилась на Божедомке, где, как болтали, директор Варьете, используя свои бесчисленные знакомства, ухитрился добыть ей комнату, но с одним условием, чтобы духу ее не было на Садовой улице… Итак, Степа застонал.

  4. IAsdrilal

    April 30, 2025 at 6:04 pm

    Пропал отягощенный розами куст, пропали кипарисы, окаймляющие верхнюю террасу, и гранатовое дерево, и белая статуя в зелени, да и сама зелень. взять микрозайм – И настанет царство истины? – Настанет, игемон, – убежденно ответил Иешуа.

  5. VAldrilai

    April 30, 2025 at 9:39 pm

    – Никакого уменья особенного у меня нету, – возражал Амвросий, – а обыкновенное желание жить по-человечески. разместить ссылку онлайн Набожная, а откровеннее сказать – суеверная, Анфиса так напрямик и заявила очень расстроенной Анне Францевне, что это колдовство и что она прекрасно знает, кто утащил и жильца и милиционера, только к ночи не хочет говорить.

  6. PAhdrisav

    May 1, 2025 at 7:09 pm

    – Сознайся, – тихо по-гречески спросил Пилат, – ты великий врач? – Нет, прокуратор, я не врач, – ответил арестант, с наслаждением потирая измятую и опухшую багровую кисть руки. Павлов нотариус Впрочем, этого и не случится, к общему счастью, и первый, кто об этом позаботится, буду я.

  7. PAudrilar

    May 1, 2025 at 10:48 pm

    Тот вспыхнул от негодования. нотариус Лопатченко – О, какой вздор! – воскликнул гастролер и слушать ничего больше не захотел.

  8. XAsdriiar

    May 2, 2025 at 2:24 am

    Тотчас и подлетел этот трамвай, поворачивающий по новопроложенной линии с Ермолаевского на Бронную. Шпатлевки для авто Бас сказал безжалостно: – Готово дело.

  9. XAwdrieas

    May 2, 2025 at 5:48 am

    – Все. капитального ремонта квартиры ключ Поднимая до неба пыль, ала ворвалась в переулок, и мимо Пилата последним проскакал солдат с пылающей на солнце трубою за спиной.

  10. Gale Degler

    May 3, 2025 at 2:35 am

    I regard something really special in this website.

  11. special event planners

    May 6, 2025 at 1:11 pm

    I like this web blog very much, Its a really nice post to read and receive info .

  12. Live Formula 3 Stream

    May 10, 2025 at 3:43 am

    demais este conteúdo. Gostei muito. Aproveitem e vejam este site. informações, novidades e muito mais. Não deixem de acessar para se informar mais. Obrigado a todos e até a próxima. 🙂

  13. zoritoler imol

    May 12, 2025 at 2:38 pm

    That is really attention-grabbing, You are an excessively skilled blogger. I’ve joined your feed and look forward to in quest of more of your fantastic post. Also, I’ve shared your website in my social networks!

  14. NAedrilad

    May 19, 2025 at 4:54 pm

    – Да, консультантом. перевод документов рядом со мной Иван так и сделал и углубился в таинственную сеть арбатских переулков и начал пробираться под стенками, пугливо косясь, ежеминутно оглядываясь, по временам прячась в подъездах и избегая перекрестков со светофорами, шикарных дверей посольских особняков.

  15. EAjdridau

    May 19, 2025 at 8:50 pm

    Словом, был гадкий, гнусный, соблазнительный, свинский скандал, который кончился лишь тогда, когда грузовик унес на себе от ворот Грибоедова несчастного Ивана Николаевича, милиционера, Пантелея и Рюхина. продвинуть сайт самим Увидев, в каком состоянии Степан Богданович, артист послал Груню в ближайший гастроном за водкой и закуской, в аптеку за льдом и… – Позвольте с вами рассчитаться, – проскулил убитый Степа и стал искать бумажник.

  16. YAldrilaa

    May 20, 2025 at 12:55 am

    Щурился прокуратор не оттого, что солнце жгло ему глаза, нет! Он не хотел почему-то видеть группу осужденных, которых, как он это прекрасно знал, сейчас вслед за ним возводят на помост. курс создания сайта на вордпресс – И в этом ты ошибаешься, – светло улыбаясь и заслоняясь рукой от солнца, возразил арестант, – согласись, что перерезать волосок уж наверно может лишь тот, кто подвесил? – Так, так, – улыбнувшись, сказал Пилат, – теперь я не сомневаюсь в том, что праздные зеваки в Ершалаиме ходили за тобою по пятам.

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

Published

on

Startup Stories

Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

Continue Reading

Entrepreneur Stories

Meta’s Upcoming AR Glasses: A Sneak Peek

Published

on

Meta’s Upcoming AR Glasses: A Sneak Peek,Startup News,Startup Stories 2025,Startup Stories India,Tech News,Meta,AR Glasses,Ray-Ban Smart Glasses,OLED displays,Qualcomm Snapdragon,AR and AI,Meta unveils new AR glasses with heart rate monitoring,Meta’s Upcoming AR Glasses,Meta News,Meta Latest News,Meta Updates,Meta Latest Updates,Orion AR glasses,Meta AR glasses,Meta's upcoming ar glasses,Meta Upcoming AR Glasses,Meta AR Glasses News,Meta AR Glasses Latest News,Meta AR Glasses Update,Meta AR Glasses Latest Update,Ray-Ban,Marketing,Apple,Google,Meta's AR glasses with Mark Zuckerberg,Mark Zuckerberg,Mark Zuckerberg Latest News,Mark Zuckerberg News,Technoly,Electronics,

Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

Continue Reading

Entrepreneur Stories

Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Published

on

Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.

The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.

Continue Reading
Advertisement

Recent Posts

Advertisement