{
  "id": 11018073,
  "title": "Cofounder Upasana Taku Picks Up 1.1 Lakh MobiKwik Shares",
  "url": "https://urgent.news/2026/09/30/cofounder-upasana-taku-picks-up-1-1-lakh-mobikwik-shares",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T19:53:27.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/cofounder-upasana-taku-picks-up-1-1-lakh-mobikwik-shares/"
  },
  "original_language": "en",
  "account": "MobiKwik's chief financial officer, Upasana Taku, has acquired 1.07 lakh shares of the fintech company through multiple open-market transactions, as reported in a filing with the exchanges. The shares were purchased in two separate tranches, 55,000 and 52,000 shares, amounting to a total of ₹2.1 crore. Taku's stake in the company has risen from 10.11% to 10.24%. Over the past six months, MobiKwik shares have surged by 26.6%, though the stock remains down 15.38% year-to-date. This increase in Taku's shareholding is likely driven by the company's recent positive developments, including the re-introduction of merchant discount rate (MDR) on high-value UPI payments and a healthy financial performance. In Q1 FY27, MobiKwik reported a consolidated net profit of ₹7.6 crore, compared to a net loss of ₹41.9 crore in the corresponding quarter of the previous year. The company's operating revenue also grew marginally by 3.7% to ₹281.5 crore from ₹271.4 crore in Q1 FY26. Additionally, MobiKwik received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment aggregator-physical (PA-P) licence in May and its subsidiary Zaakpay ePayment Services Pvt Ltd also received RBI clearance to function as an online payment aggregator in April.",
  "summary": "MobiKwik cofounder and chief financial officer (CFO) Upasana Taku has picked up 1.07 Lakh shares of the listed fintech company…",
  "key_points": [
    "CFO Upasana Taku bought 1.07 lakh MobiKwik shares in two tranches.",
    "Taku's stake in MobiKwik increased from 10.11% to 10.24%.",
    "MobiKwik shares rose 26.6% in six months, down 15.38% year-to-date."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "MobiKwik co-founder Upasana Taku buys 1.07 lakh shares for ₹2.12 crore",
        "url": "https://urgent.news/2026/09/30/mobikwik-co-founder-upasana-taku-buys-1-07-lakh-shares-for-2-12-crore",
        "published": "2026-09-30T16:34:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}