MobiKwik Share Price in Focus as Peak XV Partners Exits Fintech Platform via ₹130 Crore Block Deal

Written by: Team Angel OneUpdated on: 29 Apr 2026, 1:23 pm IST
Peak XV Partners exits MobiKwik, selling 61 lakh shares for ₹130 crore, achieving 3x return on investment.
MobiKwik Share Price
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

As per PTI news report, Peak XV Partners has fully exited its investment in fintech firm One MobiKwik Systems through a block deal valued at over ₹130 crore.  

This transaction marks the venture capital firm's complete divestment from the company, achieving a return of 3 times its initial investment. 

Details of the Block Deal 

Peak XV Partners sold approximately 61 lakh shares, representing 7.7% of MobiKwik's share capital, at an average price of ₹214 per share.  

The total deal size amounted to nearly ₹130 crore. The shares were acquired by Florintree, Viridian Asset Management, Dymon Asia, and Karma Capital. 

Significance of the Exit 

This exit is significant as Peak XV was one of the early investors in MobiKwik. The firm has now realised a substantial return on its investment, reflecting the growth and potential of the fintech company. 

Read More: MobiKwik Share Price Gains Over 17%; Secures RBI Approval for NBFC Application! 

RBI Licence for MobiKwik Subsidiary 

The exit by Peak XV Partners coincides with MobiKwik's recent announcement of receiving a Non-Banking Financial Company (NBFC) licence from the Reserve Bank of India for its new subsidiary, MobiKwik Financial Services Pvt Ltd. This development is expected to enhance the company's financial service offerings. 

One Mobikwik Systems Share Price Performance 

As of April 28, 2026, at 3:30 PM, One Mobikwik Systems share price on NSE was closed at ₹228.71 up by 1.66% from the previous closing price. 

Conclusion 

Peak XV Partners' complete exit from MobiKwik through a ₹130 crore block deal signifies a successful investment cycle for the venture capital firm. The transaction highlights the evolving landscape of the fintech sector in India. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. 

Published on: Apr 29, 2026, 7:49 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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