Central Mall, Future Group joins hands with MobiKwik

Q.  Which company has signed an agreement with MobiKwik to build India’s first chain of cashless malls?
- Published on 14 Jun 16

a. Godrej
b. Future Group
c. Birlas
d. TATA Group

ANSWER: Future Group
 
Central Mall, the leading lifestyle retail brand from Future Group, has joined hands with the largest independent mobile payments company in India, MobiKwik to build India's first chain of cashless malls. 32 Central Malls in 20 cities go cashless from June 13, 2016, and will accept MobiKwik for payments.
  • MobiKwik has the highest reach in offline cashless payments and has over 30 million users currently.
  • This partnership further supports MobiKwik's retail expansion strategy and the vision to ensure ubiquitous adoption of mobile wallets.
  • MobiKwik, is India's largest independent mobile payments network, connecting 30 million users with 100,000 retailers.
  • Founded in 2009 by BipinPreet Singh and UpasanaTaku, the company has raised three rounds of funding from Sequoia Capital, American Express, Tree Line Asia, MediaTek, GMO Payment Gateway and Cisco Investments. MobiKwik aspires to be the largest source of digital transactions in India.

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