MobiKwik's stock has dropped nearly 56% since its peak on December 26, 2024.Higher-than-expected loss in Q3 FY25 and the RBI-mandated default loss guarantee clause are impacting MobiKwik's investor sentiments.MobiKwik has entered the investment tech space to diversify and compete with other players like Groww and Zerodha.Other news: Sweet Karam Coffee raises $8 million, India agrees to cut tariffs on EV imports, UPI faces outage, Karnataka HC bans bike taxis, and more.