Debt Debt financing
Digital wallet MobiKwik to raise Rs.10-Cr term loan from CredAble
Source Inc42 (opens in a new tab)
Delhi NCR-based digital wallet firm MobiKwik is raising a term loan of INR 10 crore from non-banking financial company (NBFC) Equentia Financial Service Pvt Ltd (CredAble) for its working capital needs.MobiKwik has recently filed its draft red herring prospectus (DRHP) to raise INR 700 crore.