Mobikwik scouts for investor ahead of IPO- headline changed

Mumbai: Digital payments provider Mobikwik is aiming to be profitable next fiscal and is looking to on-board an investor who will help it go public in the next three years, a top official has said.

The 2009-incorporated company is planning to report its first quarterly profit in March, and will be profitable from a full year perspective from FY21.

“We are looking for an investor who will help the company go for an initial public offering (IPO) in three years,” co-founder and chief executive Bipin Preet Singh said.