The company, co-founded by Bipin Preet Singh and Upasana Taku, is also considering a pre-IPO placement to raise an additional Rs 140 crore, which would reduce the size of the fresh issue in the IPO accordingly
Read MoreAccording to Co-founder Bipin Preet Singh, "For MobiKwik, staying focused on its core customers and merchants has been key to survival"
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