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MobiKwik to raise $84.2m in India IPO

Indian fintech startup MobiKwik is planning to raise roughly US$84.2 million through an IPO, according to a filing with the Securities Exchange Board of India. It also aims to secure US$16 million in a pre-IPO funding round.

The company postponed plans for a US$250 million public offering in 2021 due to market conditions.

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