Mobikwik's CEO, Bipin Singh, has discussed the company's approach to valuing its IPO, emphasizing the need to align with market dynamics and future growth potential.

It has been reported that Mobikwik has reduced its valuation by 70% compared to its last private funding round in 2021, in order to establish a more stable and justifiable pricing for investors. Singh has emphasized the importance of setting the IPO price in line with the company's long-term vision, as this is crucial for maintaining investor confidence.

The adjustment in valuation reflects a more realistic perspective in line with current market expectations, demonstrating the company's commitment to transparency and stability in its financial offerings.