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Tag: Purchases

Indian Startup News on Instagram: “MobiKwik co-founder Upasana Taku bought 1.07 lakh shares of the company for about Rs 2.12 crore through open-market transactions, according to a stock exchange filing.

Taku acquired 52,000 shares on September 28 for about Rs 1.04 crore and another 55,000 shares on September 29 for about Rs 1.09 crore. 

The purchases raised her holding to 80.65 lakh shares from 79.58 lakh.

Taku said she had also bought 1.87 lakh shares in December 2025, taking her total purchases since MobiKwik’s December 2024 IPO to 2.94 lakh shares. 

She said neither she nor any member of the promoter group has sold shares since the IPO.

Her latest purchases averaged about Rs 198.5 per share, roughly 29% below MobiKwik’s Rs 279 IPO price.

Notably, Taku is MobiKwik’s co-founder, while Bipin Preet Singh serves as managing director and CEO. MobiKwik provides payments, investments and consumer credit products.

#MobiKwik #shares #payments #indianstartupnews”
Fintech Startups

Indian Startup News on Instagram: “MobiKwik co-founder Upasana Taku bought 1.07 lakh shares of the company for about Rs 2.12 crore through open-market transactions, according to a stock exchange filing. Taku acquired 52,000 shares on September 28 for about Rs 1.04 crore and another 55,000 shares on September 29 for about Rs 1.09 crore. The purchases raised her holding to 80.65 lakh shares from 79.58 lakh. Taku said she had also bought 1.87 lakh shares in December 2025, taking her total purchases since MobiKwik’s December 2024 IPO to 2.94 lakh shares. She said neither she nor any member of the promoter group has sold shares since the IPO. Her latest purchases averaged about Rs 198.5 per share, roughly 29% below MobiKwik’s Rs 279 IPO price. Notably, Taku is MobiKwik’s co-founder, while Bipin Preet Singh serves as managing director and CEO. MobiKwik provides payments, investments and consumer credit products. #MobiKwik #shares #payments #indianstartupnews”

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