MobiKwik Delayed Its 2021 IPO After Missing the Market Peak
Bipin Preet Singh · How did Bipin Preet Singh Build a 540 Crore Fintech Product(Mobikwik), with 120M users? · May 11, 2022 · at 25:42
Bipin Preet Singh, co-founder and CEO of MobiKwik, explains the timing and reasons behind deferring the company's initial public offering in late 2021.
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“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 started turning. So we took a call that, you know, we are ready. We have done a lot of hard work and to go public. So we'll do it at the right time.”
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