January 18, 2024Anmol Nagpal

Know why MobiKwik founder shifted his house from South Delhi to Dwarka

MobiKwik founder Bipin Preet Singh has revealed that he moved out of a house in South Delhi after launching the digital banking platform in 2009 because the rent was too high.

Source: X Photo

Instead, Singh and his wife moved to Dwarka, where the property rates were much more affordable. Singh paid Rs 10,000-12,000 as rent for their home-cum-office.

Source: X Photo

Singh also shared that he had to wake up every morning at 7:30 am to open the door to an enthusiastic employee they had hired.

Source: Pexels

Singh said it was easier now to start a company than it was earlier.

Source: X Photo

He also pointed out that as founders one does not need to look at top institutions alone for talent.

Source: Facebook Photo

Singh and his wife Upasana Taku founded MobiKwik in 2009. The platform boasts 140 million registered users as of 31 March 2023.

Source: X Photo