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Monday, January 30, 2017

Mobikwik Sets up Office in Pune

Mobile wallet firm Mobikwik sets up its office at Pune and is planning to hire 250 people by March 2017. MobiKwik supports cashless payments at all major petrol pumps in Pune.

MobiKwik which was founded in 2009 said that it has a network of over 10,00,000 direct merchants and 45 million plus users.

Also see: Vodafone may merge with Idea to Counter Reliance Jio

MobiKwik founder Upasana Taku said: Pune has been the second largest contributor to our business from Maharashtra and has been an integral part of our growth strategy. We expect the business growth to be 400% more in 2017 with the opening of our new office and a staff commitment of 250 to support the foreseen expansion. Being an IT hub and home to many prestigious educational institutions, Pune has many early adopters of digitization that makes it the right fit for our growth strategy. Our endevour is to convert all major use cases in the city to digital and promote adoption of MobiKwik to accelerate growth.

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