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Bajaj Finance Buys 11% Stake in MobiKwik for Rs. 225 Crore – New Fund to Grow Merchant Network.
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Bajaj Finance Buys 11% Stake in MobiKwik for Rs. 225 Crore – New Fund to Grow Merchant Network.

In a BSE filing, Bajaj Finance has picked up around 11% of stake in Digital Payments company Mobikwik for about Rs 225 crores. With this, Bajaj Finance has entered into a subscription agreement with the Gurgaon based One MobiKwik Systems. India’s Second Largest Digital Payments Platform: Digital payments company Mobikwik is divesting close to 11...