“It Is Still Day One," Bipin Preet Singh As MobiKwik Completes 15 Years

India’s startup ecosystem, especially in fintech, has seen rapid expansion, but sustaining growth remains a challenge. According to industry statistics, 10 per cent of startups fail within the first year, 45 per cent don't survive beyond five years, and 65 per cent fold within a decade. Despite these numbers, MobiKwik has weathered the ups and downs for 15 years.

Reflecting on this journey, Bipin Preet Singh, Co-founder and CEO of MobiKwik, noted, "Every first-time founder feels the weight of these numbers—I certainly did. Yet here we are, 15 years later, celebrating our journey, growth, and resilience."

For MobiKwik, staying focused on its core customers and merchants has been key to survival. "What got us here is our deep commitment to our vision and a relentless focus on our customers and merchants," Singh said. Throughout the years, the company relied heavily on the support of its investors and team. "I want to take this moment to thank them, along with our investors, Team MobiKwik, our families, and friends who believed in us along the way."

The fintech startup has faced several challenges over the years, from market competition to regulatory hurdles. Singh recalled tough moments but highlighted how the company adapted: "We learned, adapted, and grew stronger with every setback."

Now, with 15 years behind them, MobiKwik looks toward future growth in the fintech space. "I can confidently say we're fitter, stronger, and more determined than ever," Singh shared. Despite the long road ahead, Singh believes MobiKwik's best days are still to come, adding, "It's still day one for us."

Upasana Taku, Co-founder, Mobikwik in her LinkedIn post writes, “If you've ever used MobiKwik, I want to thank you, because you got us here.”

“As we look ahead, we are fitter, and our story has just begun. We will continue to disrupt and stay true to our mission of making digital payments and financial inclusion a way of life for all,” she adds.