MobiKwik’s shares surged 85% on their debut, valuing the company around Rs 40 billion. The successful $67 million IPO, oversubscribed by 120 times, highlights the booming fintech sector in India. This contrasts with the broader market’s decline, with Sensex and Nifty dipping amid foreign fund outflows and pre-Fed decision caution.
Related Posts
Warner casts doubt on Bazball: ‘I can’t see it …’
David Warner doubts England’s aggressive “Bazball” approach will succeed in Australia due to the challenging pitch conditions. While it earned praise for entertainment value, Warner […]
‘Demanding injections’: How Saurabh Rajput murder accused are spending nights in jail
Undertrials Muskan Rastogi and Sahil Shukla remain in separate barracks at Meerut District Jail, experiencing severe withdrawal symptoms from drug addiction. Muskan is accused of […]
Bill Gates’ daughter on what her mother told her when she called her crying
Phoebe Gates, Bill Gates’ daughter, revealed her mother Melinda’s advice on handling investor bias regarding future motherhood while raising funds for her startup, Phia. Gates […]