MobiKwik launches short-term credit loans
Mobile wallet and digital payments startup MobiKwik has entered the short-term consumer loan segment. The startup claims that a loan request will be approved within 30 minutes and initially a loan of up to ₹50,000 will be available for the users. Founded in 2009 by Upasana Taku and Bipin Preet Singh, MobiKwik has raised $126.85 million to date.