Autorickshaw aggregator Jugnoo has tied up with MobiKwik to enable its users to pay with the digital wallet. Readers would be interested to note that Paytm, the digital payments provider, has invested in a series B and led a $10 million round of funding in Jugnoo. Paytm is also offered as a mode of payment on the Jugnoo app. Jugnoo started operations in 2014 and claims to have 10,000 autorickshaws registered on its network in over 20 cities.
MobiKwik payment for Fatafat too?
Note that in May, Jugnoo restarted its hyperlocal grocery delivery business Fatafat in Chandigarh, Gurgaon and NCR, and would focus only on Tier II cities, with plans to expand the business to 15 cities by August. The company’s current statement did not indicate that the MobiKwik tie up would extend to Fatafat as well, but there’s a likelihood of it being added as a payment mode to the service in the future.
Dodo deliveries & Helpchat tie up:
In June, Jugnoo launched its on-demand B2B logistics service Dodo deliveries in Chandigarh tricity, with plans to expand to Indore, Gurgaon and Noida. It also intends to launch ‘Dodo’ in more than 15 cities by this month. The company also tied up with personal assistant platform Helpchat to enable rickshaw booking.
MobiKwik’s recent tie ups and developments:
– Last month, Xiaomi smartphone users could make a ‘one-touch-recharge’ to DTH or mobile operators hosted by payments company MobiKwik. The feature is somewhat similar to Android Pay app, or Apple Pay, which is yet to be fully launched in India.
– In June, MobiKwik launched eKYC facilities for its customers to upgrade their wallets to store up to Rs 100,000.
– In May, Suvidhaa Infoserve tied up with MobiKwik to let MobiKwik’s reported 30 million users recharge their mobile wallets with cash through Suvidha’s 90,000 outlets (in 9,500 pin codes) across the country.
– In the same month, MobiKwik raised $50 million in a series C round of funding led by Japan’s GMO Payment Gateway and Taiwan’s Mediatek with participation from existing investors Sequoia Capital and Treeline Asia.
– In March, it launched an ‘Explore Nearby’ feature on its app, which let its users discover neighbourhood stores, restaurants, cafes etc., that accepted payments from the company. MobiKwik claims to have over 10,000 partner stores including merchants like Big Bazaar, Domino’s, Barista, Archies etc.
– In the same month, it partnered with payment gateway provider Razorpay to enable a new payment platform for all Razorpay retailers without manual activation.
– In January, MobiKwik opened access to its Power Wallet interface to all retailers.