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MobiKwik raises USD 25 mln from Sequoia, Amex, Tree Line, Cisco

Wednesday 8 April 2015 09:22 CET | News

Indian mobile wallet startup MobiKwik has secured USD 25 million in funding round from Tree Line Asia, Cisco Investments, American Express and Sequoia Capital.

Cash can be added to users’ accounts at physical retail stores. Though a browser version exists, the company is best known for its Android, iOS and Windows apps.

Founded in 2009, Mobikwik is a mobile payment solution that enables users to recharge their mobile, pay their bills, to shop online and to transfer money. MobiKwik wallet is enabled on Snapdeal, eBay India, BookMyShow, Dominos, HomeShop18, Shopclues and other ecommerce websites.


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Keywords: MobiKwik, Sequoia, Amex, Tree Line, Cisco, India, mobile, wallet, startup, Tree Line Asia, Cisco Investments, American Express, Sequoia Capital, mobile payment
Categories: Payments & Commerce
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