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Payments Firm MobiKwik Files For Rs. 1,900 Crore Initial Public Offering

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Payments Firm MobiKwik Files For Rs. 1,900 Crore Initial Public Offering

Digital payments firm Mobikwik, backed by Sequoia Capital and Bajaj Finance, filed for an initial public offering (IPO) of up to Rs 1,900 crore ($255 million) with the markets regulator on Monday.

The IPO also includes a fresh issue of shares worth Rs 1,500 crore.