MobiKwik to invest $45 mn on merchant, user acquisition

MobiKwikDigital wallet MobiKwik, run by One Mobikwik Systems Pvt. Ltd, will invest Rs 300 crore (about $45 million) this year on acquiring merchants and users, as it looks to increase its share in the highly competitive payments market. Nearly Rs 50 crore is being invested to set up 13 offices and hire over 1,000 employees, […]

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MobiKwik hires Line India’s former head Daman Soni to drive user growth

Daman-SoniFEDigital wallet firm MobiKwik has appointed former India head of instant messaging app Line, Daman Soni, as vice president for growth. In his new role, Soni will be responsible for achieving the company’s user growth targets. Besides, he will also support the marketing function, MobiKwik said in a statement. “His strength lies in his observation […]

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Exclusive: App discovery & review platform Zappka raises $100K

zapak_01Zappka, a mobile platform that allows users to discover, review and share apps, has raised $100,000 (Rs 67.1 lakh) in angel funding from Planet GoGo founders Daman Soni and Rajat Gupta, besides a bunch of unnamed high net worth individuals. The money secured will be used for strengthening technology and improving user experience, Rajan Gupta, […]

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Exclusive: App discovery & review platform Zappka raises $100K

zapak_01Zappka, a mobile platform that allows users to discover, review and share apps, has raised $100,000 (Rs 67.1 lakh) in angel funding from Planet GoGo founders Daman Soni and Rajat Gupta, besides a bunch of unnamed high net worth individuals. The money secured will be used for strengthening technology and improving user experience, Rajan Gupta, […]

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Exclusive: App discovery & review platform Zappka raises $100K

zapak_01Zappka, a mobile platform that allows users to discover, review and share apps, has raised $100,000 (Rs 67.1 lakh) in angel funding from Planet GoGo founders Daman Soni and Rajat Gupta, besides a bunch of unnamed high net worth individuals. The money secured will be used for strengthening technology and improving user experience, Rajan Gupta, […]

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