MobiKwik Infuses ₹61 Cr In Lending Arm, Appoints Ex-Bajaj Markets’ Manish Pathania As Its CBO

• Regulatory Ring-Fencing: Formally separating credit distribution from core payment rails ensures full alignment with the Reserve Bank of India’s (RBI) Digital Lending Directions and NBFC operating frameworks.
• Capital Base Expansion: The ₹60.85 crore equity infusion strengthens MDSPL’s net worth, providing the capital reserves required to expand institutional debt partnerships and scale loan origination.

Leadership Appointment & Growth Roadmap

• Executive Background: Manish Pathania brings nearly two decades of financial services and consumer credit experience, having previously served as the Business Head for Unsecured Loans at Bajaj Markets (part of the Bajaj Finserv ecosystem).
• Disbursement Velocity: Under the restructured framework, MDSPL has set an operational target to achieve over ₹1,000 crore in quarterly loan disbursements across consumer credit and merchant finance portfolios.