Tuesday, September 3, 2019

India’s mobile payments firm MobiKwik reaches rare key profit milestone – TechCrunch

Indian mobile payments firm MobiKwik has reached a milestone very few of its local rivals can even contemplate: not burning money. The 10-year-old Gurgaon-headquartered firm said Tuesday it is now generating a profit excluding interest, taxes, depreciation, and amortization. “We have been in an ecosystem where we have seen a lot of high-growth and several regulatory changes in the payments

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