MobiKwik's subsidiary, Mobikwik Securities Broking Private Limited, has obtained SEBI approval to operate as a stockbroker.
The SEBI registration, issued on July 01, 2025, allows MSBPL to engage in buying, selling, clearing, and settlement of equity trades.
MobiKwik, the parent company, aims to leverage this approval to enhance its wealth distribution vertical and expand its presence in the capital markets.
With this new license, MobiKwik strives to simplify investing for retail investors and strengthen its position as a full-stack fintech platform.