MobiKwik raises ₹24cr in bridge round led by Sequoia: Report

Mobile payments startup MobiKwik has raised nearly ₹24 crore in a bridge round led by Sequoia Capital with a contribution of ₹15 crore, according to a report. Two other existing investors Net1 UEPS and GMO Venture Partners have reportedly also participated in the round. This comes after MobiKwik was in talks to raise nearly ₹424 crore last year.