MobiKwik to hire 1,000 employees

Indian mobile wallet major, MobiKwik today announced to hire 1,000 employees in the next quarter to support its expansion plans and drive business growth. 

The company’s expansion plan is to enable 150 million users in India in transacting with MobiKwik platform by early 2018. The company has announced that it will set up offices in 13 cities by the end of Q1 2017 and hire over 1,000 employees to drive business growth in these centres. 

Speaking on the announcement, Upasana Taku, co-founder of MobiKwik said, “We will be investing over Rs 50 crores in setting up new offices to cater to regional requirements and will be hiring over 1,000 employees, pan India, across technical and non-technical requirements.”

The cities in which MobiKwik will be expanding its footprints are Mumbai, Pune, Bangalore, Kolkata, Hyderabad, Chennai, Ahmedabad, NOIDA, Lucknow, Vijayawada, Kochi, Jaipur and Chandigarh. 

“Post demonetization, we have observed unprecedented growth and our expansion plans are in line with our vision to achieve Rs 1,000 crore GMV in 2017,” added Upasana. 

MobiKwik has been on a remarkable growth trajectory since November 2016. The company has added 9 lakh merchants and 1 crore users within the past 2 months. MobiKwik also received the license for Bharat Bill Payment System recently that enables the company to become a one stop for pan India utility and convenience bill payments, across sectors. MobiKwik has a network of over 10 lakh merchants and 45 million users.