If you work hard and then have the passion to do something, then the road to victory is not difficult. Such is the story of Upasana Taku, the co-founder of the digital wallet Mobikwik, who achieved success with her hard work and dedication and became a source of inspiration for millions.
According to Upasana Taku, she comes from an educational background. At that time, when he first told the decision to become the first industrialist in the family, there was a lot of opposition in the family, but without giving up, he persuaded the family members for it, after which PayPal left a comfortable job in America and returned to India. . Where she started the digital wallet in 2009 with her husband Preet Singh. Upasana Taku had said in one of her interviews that at that time the entire economy was dominated by cash. Only a few lakh people in India used to do digital transactions. We thought there was a big opportunity here.
Had to struggle for scholarship: Studying abroad was not easy for Upasana Taku. After doing B.Tech from NIT Jalandhar, he got selected in Stanford University of America, but the biggest problem was to arrange scholarship to pay the university fees. Taku himself applied for the scholarship for a month at various places, after which he got a scholarship of one lakh dollars.
Join the big companies todayToday MobiKwik is one of the largest digital wallet in India. According to Taku, MobiKwik has more than 120 million users across the country. Of the 300 million digital transactions in the country, 100 million are through MobiKwik. The company’s main competition in the market is with companies like Paytm, PhonePe and Google Pay.
MobiKwik in preparation for IPO: MobiKwik has got approval from market regulator SEBI for IPO. According to the draft paper filed with SEBI, the company can raise Rs 1900 crore from the stock market. However, no information has been given from the company about when the IPO will come.