MobiKwik raises $20 Mn from Abu Dhabi Investment Authority

Megha Jain

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Image Credit: shortpedia

Digital payments platform MobiKwik has raised fresh funds to the tune of $20 million from sovereign wealth fund Abu Dhabi Investment Authority. The fresh capital for the Gurugram-based company has come within two months of its last fundraise. In April, it had raised $5 million from a clutch of investors at an estimated valuation of $500 million.