Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: Report
- Posted on April 28, 2026
- By Business News Today
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- 1 min read
Peak XV Partners strategically divests from One MobiKwik Systems through a Rs 130 crore block deal, marking a significant exit for the venture capital firm. The timing aligns with One MobiKwik's regulatory breakthrough, as the Reserve Bank of India granted the fintech company a Non-Banking Financial Company license. This authorization enables One MobiKwik to establish and operate a dedicated lending division, positioning the platform for expansion into credit products and enhanced financial services within India's growing digital lending ecosystem.
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