Peak XV Partners Fully Exits MobiKwik via ₹130 Crore Block Deal
Peak XV Partners has completely exited its decade-long investment in fintech firm MobiKwik through a ₹130 crore block deal, marking another marquee exit for the venture firm post the company's public listing.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹130 |
| Stage | IPO |
| Sector | Mobikwik |
| Coverage | Startup News |
Peak XV Partners (formerly Sequoia Capital India) has fully exited its position in listed fintech firm One MobiKwik Systems through a ₹130 crore block deal on April 28, 2026, capping more than a decade of investment in the digital payments company.
Deal Details
MobiKwik's Journey
MobiKwik went public in December 2024 with a ₹572 crore IPO that was subscribed 119 times. Since listing:
Investor Returns
For Peak XV, the exit closes a successful chapter:
What's Next for MobiKwik
Without Peak XV on the cap table, MobiKwik continues to push into:
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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