Peak XV Partners completes full exit from One MobiKwik through Rs 130 crore block deal.

Peak XV Partners completes full exit from One MobiKwik through Rs 130 crore block deal. The venture capital firm sold 60.8 lakh shares representing 7.7% equity at Rs 214 per share, a 4.88% discount to previous closing price. Investment firms including Florintree Advisors, Viridian Asset Management, and Dymon Asia acquired stakes in the transaction. One MobiKwik shares surged 8% to Rs 243 on BSE following the RBI's approval of the company's NBFC licence application. This regulatory milestone enables launch of MobiKwik Financial Services Private Limited, a wholly owned subsidiary focused on expanding regulated lending capabilities. The new entity will serve consumers and MSMEs with secured and unsecured lending solutions across underserved geographies.