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