The Company, formerly known as ONE MOBIKWIK SYSTEMS PRIVATE LIMITED, was incorporated in India on 20 March 2008 under the Companies Act, 1956. Its registered office and Corporate office are located in Gurugram, Haryana. The primary activity of the Company is the issuance and operation of mobile-based prepaid payment instruments, which are regulated by the Reserve Bank of India with a certificate of authorisation dated 18 July 2013, which was extended to 30 September 2023. Users of MobiKwik wallet can transfer money, pay their utility bills, and shop online on e-commerce websites. The Company has also launched a financial services platform offering various loan products in partnership with financing partners. The registered office of the Company is located at 5th Floor, Huda City Centre Metro Station, Sector 29, Gurugram, Haryana.