(Livemint)Prior to considering investment in the MobiKwik IPO, investors should familiarise themselves with comprehensive details about the company risk factors outlined in the DRHP. Here are 10 pivotal risk factors associated with the MobiKwik IPO:Wrap up the year gone by & gear up for 2024 with HT! Intense Competition in Fintech Industry: The company faces substantial competition in the fintech industry, which could materially and adversely affect its business, financial condition, and prospects. Changes in Consumer Funding Methods: Shifts in how consumers fund their MobiKwik Wallets may have negative implications for the company's business, financial condition, and results. Fraudulent Transactions and Illegal Activities: Ineffectively dealing with fraudulent transactions and illegal activities could harm the company's business, erode confidence, and reduce platform usage by merchants and consumers.

Source: Mint January 05, 2024 11:43 UTC