Business Standard

Will expand product offerings; add users, merchants in FY24: MobiKwik COO

'FY24 will be a big year for us. We want to be profitable in all quarters - and for the full financial year'

Upasana Taku
Premium

Upasana Taku, co-founder and chief operating officer of Mobikwik

Manojit Saha Mumbai

Listen to This Article

UPASANA TAKU, cofounder and chief operating officer, MobiKwik — a digital payments company which made an operating profit in the January-March period — says the financial technology company is expected to be fully profitable in 2023-24 (FY24) in an exclusive interaction with Manojit Saha. Edited excerpts:

How was 2022-23 (FY23) for the company as regards revenue, profitability, and user base?

FY23 has been a good year — both from the standpoint of growth and profitability. Notwithstanding testing market conditions, we have scaled up our businesses, and increased our user base to 140 million.

In terms of financials, we ended the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in