India's mobile payments firm MobiKwik reaches rare key profit milestone

4:30am PDT - September 3rd, 2019    ed - TechCrunch

Indian mobile payments firm MobiKwik has reached a milestone very few of its local rivals can even contemplate: not burning money. The 10-year-old Gurgaon-headquartered firm said Tuesday it is now generating a profit excluding interest, taxes, depreciation, a…