India: Digital payments startup MobiKwik looks to become profitable this year

visual from the company website

Digital payments and financial services startup MobiKwik said its revenue grew by 133% year-on-year to 379 crore in 2019-20. It also reduced its Ebitda loss by 60% to 45 crore in FY20.

The startup now aims to become profitable by the end of FY21, said a top executive.

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