MobiKwik, a mobile wallet company with over 15 million users and 25,000 merchants, has announced that it has raised close to $25 million in a Series B round led by Tree Line Asia. The other investors include Cisco Investments, American Express and the existing investor, Sequoia Capital. The funds will be used for investments in technology/data analytics, brand building and growing the network of users and merchants.
MobiKwik raises close to $25 million, aims 100 million mobile wallets by 2016
MobiKwik raises close to $25 million, aims 100 million mobile wallets by 2016
