Our Company was incorporated in New Delhi under the name ‘ONE MOBIKWIK SYSTEMS PRIVATE LIMITED’ on March 20 2008 as a private limited company under the Companies Act 1956 and was granted a certificate of incorporation by the RoC. Thereafter our Company was converted into a public limited company pursuant to a special resolution passed in the extraordinary general meeting of our Shareholders held on June 23 2021 and the name of our Company was changed to ‘ONE MOBIKWIK SYSTEMS LIMITED’ and a fresh certificate of incorporation dated June 25 2021 was issued to our Company by the RoC.Major Events and Milestones:2008• Our company was incorporated in March 2008 by Bipin Preet Singh who served as a signatory to the Memorandum of Association (MoA).2009• Started payment wallet operations in 20092010• Upasana Rupkrishan Taku joined the Company as a co-founder in February 2010• Set up a digital wallet to enable users to make online bill payments• Incorporation of Zaak ePayment Services Private Limited for payment gateway business2011• Seed investment led by Peak XV Partners Investment Holdings III (formerly known as Sequoia Capital India Investment Holdings III) into Zaak ePayment in November 20112012• MobiKwik mobile application introduced on Google Play Store2013• 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 contest2014• Raised ? 152.70 million in Series A funding from PXVIHIII and PXVPIIV• Integrated the MobiKwik wallet as a payment option on e-commerce websites2015• Restructuring of Zaak ePayment as a wholly owned subsidiary of the Company• Raised Series B funding of ? 1128.13 million from PXVPIIV Tree Line and Amex• Launched MobiKwik wallet as a payment option for organized retail2016• Raised Series C funding from PXVPIIV Tree Line Net1 among others.• Launched MobiKwik wallet as a payment option for un-organized retail stores2017• Opened 6 new offices pan India• Raised Series D funding of ? 2250 million2018• Forayed into digital credit• Acquired “ClearFunds” (Harvest Fintech) an online wealth management platform2019• Launched MobiKwik ZIP• Received authorisation from the RBI to operate as a Bharat Bill Payment Operating Unit2020• Received license to act as a composite corporate agent from the IRDAI• Elevated Chandan Joshi as a co-founder & CEO-Payments2021• Application made by Zaak ePayment for authorization to set up a payment system• Raised Series G funding of ? 1490 million from ADIA2022• Launched MobiKwik Xtra2023For consumers• 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”For retail Merchants• Launched MobiKwik sound box and EDC machines• Launched merchant loan feature (MCA) for small MerchantsFor e-commerce Merchants• Received In-Principle authorisation from RBI for Zaak Epayment Services Private Limited to operate as a Payment Aggregator under the Payment and Settlement Systems Act 20072024• 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
Name | Position |
---|---|
Mr. Bipin Preet Singh | Managing Director & CEO |
Ms. Upasana Rupkrishan Taku | Chairperson & CFO |
Ms. Punita Kumar Sinha | Independent Director |
Ms. Sayali Karanjkar | Independent Director |
Mr. Navdeep Singh Suri | Independent Director |