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MobiKwik bags INR 100 Cr in pre IPO round from Bennett Coleman

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Content Team
Image Credit: Indian Express

IPO-bound digital payment solution provider MobiKwik has raised around INR 100 Cr in a pre-IPO placement from Bennett Coleman and Company Limited. As per the recent regulatory filings, the startup has approved allotment of 8,83,159 equity shares to Bennett Coleman and Company Limited, the parent company of Times Group.