MobiKwik raises Rs 257 crore from anchor investors ahead of IPO

MobiKwik secured Rs 257 crore from anchor investors, including major funds, ahead of its Rs 572 crore IPO. The IPO, priced at Rs 265-279 per share, opens December 11-13. The company plans to use the proceeds for growth, expansion, and R&D. MobiKwik recently turned profitable after years of losses.