MobiKwik Founder and CEO Bipin Preet Singh has told Reuters that the digital payments startup has delayed its planned ₹1,900-crore IPO. Earlier, reports said MobiKwik's IPO valuation declined after its rival Paytm's shares closed 27% below its IPO price on their first trading day. MobiKwik will go public "when we feel we're going to have a successful IPO", Singh said.