Gurugram-based One Mobikwik Systems on Monday received a go ahead from market regulator Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO).
The company had refiled its IPO papers with Sebi on January 4, 2024.
One Mobikwik Systems, which operates a platform business with a two-sided payments network consisting of consumers and merchants, plans to raise Rs 700 crore through the IPO.
More to come….