Digital payments platform MobiKwik has received approval from SEBI for a ₹1,900 crore initial public offering (IPO), media reports said. Mobikwik is expected launch its IPO launch in as early as two weeks and is eyeing a valuation of up to ₹12,700 crore. It intends to raise around ₹1,500 crore through a primary share sale, draft IPO documents showed.
