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Bipin Preet Singh

Co-Founder and CEO, MobiKwik · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderexecutiveengineer@BipinSingh ↗LinkedIn ↗mobikwik.com ↗

In 2009, he co-founded MobiKwik alongside Upasana Taku, developing it into a prominent Indian digital financial services platform. Previously, he earned an electrical engineering degree from IIT Delhi and worked in chip architecture at Intel, NVIDIA, and Freescale Semiconductor.

11statements → 7claims → 6claims resolved → 50%fully supported → 4/5average certainty → 2/5average debate potential → ≈4.5/5argument clarity, estimated →

3 supported 1 partly supported 2 contradicted 1 not checkable as stated how the 7 claims stand · each chip opens the sources

7 assertions · 1 opinion · 1 insight · 2 disclosures · every statement was checked. The predictions and assertions are the 7 claims: statements the public record can support or contradict. 6 are resolved, and 1 names no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Bipin argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Mid-Tier IT Firms Often Trade at Higher Multiples Than Infosys
“You look at IT services, for example, you know, you have the Infosys, TCS, but you have a lot of mid-level IT firms, which actually trade at a higher multiple, right? Than Infosys and TCS, et cetera.”
Bipin Preet Singh May 11, 2022 ▶ 49:26 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?

Their most notable contradicted claim

Assertion Contradicted
India Has More Smartphone Owners Than Active Digital Payment Users
“India is actually, if you think about it, it's the only country in the world where, ah, you know, more people have smartphones today than they are actively doing payments or digital transactions or you know, or even actively using bank accounts or have credit …”
Bipin Preet Singh May 11, 2022 ▶ 41:07 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Bipin Preet Singh on measured tape to publish a rate. This says nothing about how they speak.

Everything Bipin Preet Singh said on the Neon Show that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Contradicted
India Has More Smartphone Owners Than Active Digital Payment Users
“India is actually, if you think about it, it's the only country in the world where, ah, you know, more people have smartphones today than they are actively doing payments or digital transactions or you know, or even actively using bank accounts or have credit …”
Bipin Preet Singh May 11, 2022 ▶ 41:07 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Insight
Market Leadership Is Useless Without Eliminating the Competition Entirely
“Market leadership in B to C or B to B, whether it is B to B to B, I don't think it makes a difference. If you do not have the advantage of basically eliminating completely the competition and taking all the profits away, which means become a monopoly like IRCT…”
Bipin Preet Singh May 11, 2022 ▶ 44:27 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Opinion
India Has Virtually No M&A Exit Paths for Unicorn Startups
“The exit paths are actually M&A paths are pretty, are just non-existent. Nobody's buying companies at billion dollars, two billion dollars, three billion dollars in India. It's not As well developed in India yet, you know, you don't have the tatas and the burl…”
Bipin Preet Singh May 11, 2022 ▶ 46:24 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Assertion Not checkable as stated
MobiKwik Lost a Signed $60 Million Funding Deal to COVID-19
“Interestingly, we had four term sheets just before COVID had started in March... So it was I think total of about 50, sixty million dollars. And one of them actually, it was not just a term sheet. It was actually a signed shareholder agreement, SHA. So the agr…”
Bipin Preet Singh May 11, 2022 ▶ 21:57 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Assertion Contradicted
MobiKwik Achieved PAT Profitability in Late FY22
“In fact, in the quarter of December, 21, we became back profitable for the first time. Which we have maintained then again in the March quarter, which just ended and Jan to March 20, 22.”
Bipin Preet Singh May 11, 2022 ▶ 32:16 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Disclosure
Digital Credit Drives 35% of MobiKwik's Overall Business
“And that business has grown significantly from zero to almost now, 30 to 35% of our overall business Comes from credit.”
Bipin Preet Singh May 11, 2022 ▶ 21:07 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Disclosure
MobiKwik Delayed Its 2021 IPO After Missing the Market Peak
“We didn't actually go public last year in that towards the end of sort of October, November you know, the market is already peaked. So I guess we got a bit late, about maybe at least a month late. We should have gone earlier. But by that time, the market had s…”
Bipin Preet Singh May 11, 2022 ▶ 25:42 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Assertion Partly supported
MobiKwik's Revenue Reached 540 Crore in FY22, Driven by BNPL
“In fact, in FYI, our revenue was 300 crores which grew to, in FYI, grew to 540 crores. So almost like a 86% kind of a growth. And within that, our flagship consumer payments business grew 144%. Which is all, which is already, you know, at a very big scale. And…”
Bipin Preet Singh May 11, 2022 ▶ 31:37 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Assertion Supported
Mid-Tier IT Firms Often Trade at Higher Multiples Than Infosys
“You look at IT services, for example, you know, you have the Infosys, TCS, but you have a lot of mid-level IT firms, which actually trade at a higher multiple, right? Than Infosys and TCS, et cetera.”
Bipin Preet Singh May 11, 2022 ▶ 49:26 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Assertion Supported
MobiKwik Was Bootstrapped for Its First Four Years
“We were bootstrap for the first few years. You know, first three, four years.”
Bipin Preet Singh May 11, 2022 ▶ 7:53 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?
Assertion Supported
India Now Has 50 Million Credit Card Holders
“So even today it's about fifty million people have credit cards. At that time it was less than thirty million.”
Bipin Preet Singh May 11, 2022 ▶ 19:01 How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users?

Appearances (1)

EpisodeDateSpeaking time
How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users? May 11, 2022 42m
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