MobiKwik founder 'a little concerned' about market volatility as IPO nears

MobiKwik founder 'a little concerned' about market volatility as IPO nears

Upasana Taku, co-founder, MobiKwik

Indian digital payments firm MobiKwik, which is backed by the Abu Dhabi Investment Authority (ADIA) and Bajaj Finance, is set to launch an initial public offering (IPO) looking to raise up to Rs 700 crore ($84 million) this month, even as the recent market volatility has left investors cautious.

Edited by: Pramod Mathew