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One Mobikwik Systems Ltd logo

One Mobikwik Systems Ltd

NSE: MOBIKWIK BSE: 544305

₹170.06

(0.38%)

Tue, 07 Apr 2026, 07:06 pm

Company History

2008

  • Our company was incorporated in March by Bipin Preet Singh, who served as a signatory to the Memorandum of Association

2009

  • Started payment wallet operations

2010

  • Upasana Rupkrishan Taku joined the Company as a co-founder in February
  • Set up a digital wallet to enable users to make online bill payments
  • Incorporation of Zaak ePayment Services Private Limited for payment gateway business

2011

  • Seed investment led by Peak XV Partners Investment Holdings III into Zaak ePayment in November

2012

  • MobiKwik mobile application introduced on Google Play Store

2013

  • Received Certificate of Authorisation to set up and operate payment system for semi-closed prepaid payments instrument services from the Reserve Bank of India
  • Introduced MobiKwik mobile application on Apple App store
  • MobiKwik was an India level finalist and won the 2nd place at the international level Vodafone appStar contest

2014

  • Raised 152.70 million in Series A funding from PXVIHIII and PXVPIIV
  • Integrated the MobiKwik wallet as a payment option on e-commerce websites

2015

  • Restructuring of Zaak ePayment as a wholly owned subsidiary of the Company
  • Raised Series B funding of 1,128.13 million from PXVPIIV, Tree Line and Amex
  • Launched MobiKwik wallet as a payment option for organized retail

2016

  • Raised Series C funding from PXVPIIV, Tree Line, Net1, among others
  • Launched MobiKwik wallet as a payment option for un-organized retail stores

2017

  • Opened 6 new offices pan India
  • Raised Series D funding of 2,250 million

2018

  • Forayed into digital credit
  • Acquired ClearFunds, an online wealth management platform

2019

  • Launched MobiKwik ZIP
  • Received authorisation from the RBI to operate as a Bharat Bill Payment Operating Unit

2020

  • Received license to act as a composite corporate agent from the IRDAI
  • Elevated Chandan Joshi as a co-founder & CEO-Payments

2021

  • Application made by Zaak ePayment for authorization to set up a payment system
  • Raised Series G funding of 1,490 million from ADIA
  • The company was converted into a public limited company
  • The name of the company was changed to ONE MOBIKWIK SYSTEMS LIMITED
  • A fresh certificate of incorporation was issued to the company by the RoC

2022

  • Launched MobiKwik Xtra

2023

  • Became first fintech to launch Credit Card on UPI
  • Introduced new feature for customers to track provident funds
  • Launched MobiKwik Lens
  • Launched brand EMI with Vivo stores
  • Launched Pocket UPI
  • Launched MobiKwik sound box and EDC machines
  • Launched merchant loan feature for small Merchants
  • Received In-Principle authorisation from RBI for Zaak Epayment Services Private Limited to operate as a Payment Aggregator

2024

  • Launched a new feature on its platform Pocket UPI
  • Launched a Fixed Deposit platform
  • MobiKwik co-branded a credit card
  • Launched LENS.ai, an AI based Chatbot

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800