ADIA is the big loser as Indian fintech Mobikwik slashes valuation in IPO
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ADIA is the big loser as Indian fintech Mobikwik slashes valuation in IPO

By Malvika Maloo

  • 06 Dec 2024
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ADIA is the big loser as Indian fintech Mobikwik slashes valuation in IPO
Credit: 123RF.com

Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the Gulf emirate, is one of at least five private market investors of One MobiKwik Systems Ltd who are sitting on paper losses as the Indian digital payments company floats its initial public offering next week at a deep discount ......

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