ADIA Exits Mobikwik Stake

  Published 1 year ago

ADIA sold the entire Mobikwik stake worth ₹39.21 crore, reducing equity holdings and reshaping the company’s investor structure.

  • BofA Securities and SI Investments bought stakes, while other global funds retain a significant presence in Mobikwik.
  • Peak XV Partners leads with a 9.92% stake, followed by Cisco, American Express, and other foreign institutional investors.
  • Mobikwik offers a wallet, UPI, credit, savings, and investments, and serves millions of registered users and merchants.

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