One Mobikwik Systems Limited announced on October 1, 2025, that its Treasury Committee approved an investment of up to ₹9.99 crore in its wholly owned subsidiary, Mobikwik Financial Services Private Limited (MFSPL). This investment, planned as cash infusion in one or more tranches, aims to bolster MFSPL’s operations in the financial sector, specifically its Non-Banking Financial Company (NBFC) activities.
Investment Details
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The target entity, MFSPL, is registered in Gurgaon, Haryana, and currently has no turnover as it is a recently incorporated firm focused on leasing and financing equipment, machinery, vehicles, and movable and immovable properties.
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The investment by One Mobikwik Systems falls under related-party transactions, as MFSPL is a wholly owned subsidiary. The transaction is conducted at arm’s length.
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Upon completion, scheduled by October 10, 2025, Mobikwik Systems will hold 100% ownership of MFSPL, thereby retaining full control.
Strategic Purpose
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This financial injection supports MFSPL’s objective to expand in the leasing and hire purchase business related to diverse assets like machinery, ships, aircraft, vehicles, and factories, aligning with Mobikwik’s broader strategy to grow its financial services portfolio.
Financial and Regulatory Aspects
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The investment amounting to nearly ₹10 crore will be made entirely in cash. No governmental or regulatory approvals are required for this transaction.
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This move follows recent market activity, including a divestment by Abu Dhabi Investment Authority in Mobikwik and significant financial losses reported by the parent in the previous quarter, reflecting a strategic pivot to strengthen their NBFC operations.
Source: Economic Times