MobiKwik records Rs 540 crore in revenues in FY22, up 79% from last fiscal

Digital payments firm MobiKwik said it has clocked Rs 540 crore in revenues for financial year ending March 31, 2022, almost a 79% increase from the previous fiscal.

According to the company’s IPO draft prospectus, the company had recorded an overall revenue of Rs 302.25 crore, for the year ending March 31, 2021. Mobikwik’s IPO was stalled amid a larger correction in fintech valuations.