MobiKwik witnessed growth ; to hire 100 people in FY21

On Sunday Fintech major MobiKwik witnessed a growth trajectory around August-September because digital transactions picked up at offline retailers, and demanded travel returns. The company is also planning to hire almost 100 people this year, including product and engineering functions. They had a bumper month in march as they had USD 75 million revenue (over Rs 570 crore) in FY20. However, because of lockdown restrictions and coronavirus pandemic they suffered a loss in April and May in the travel segment and e-commerce.