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Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: Report

  • Posted on April 28, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
In brief

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.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: Report
Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: Report

Venture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This exit follows One MobiKwik's significant milestone. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. This approval allows the company to launch a new lending arm.
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Business News Today

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