In Brief Posted: 9:02 PM PST · December 17, 2024 Image Credits:Peak XV Shares of digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading as The Indian fintech’s $69 million IPO comes amid fierce competition from larger rivals, and it pushes MobiKwik’s market value to $464 million, well above its initial target of $250 million. This remains substantially lower than the $924 million valuation the startup commanded during a private fundraising in 2021. The Gurugram-ba...