Mobikwik, the largest digital payment company in India, today announced its tie ups with 12 state electricity boards. The move comes as a part of MobiKwik’s expansion plan to set up a national base for utility payments. The state electricity boards that have been tied up with are Bihar, Madhya Pradesh, Odisha, Tripura, Meghalaya, Calcutta, Rajasthan and union territories of Daman and Diu.

Customers in these states will now be able to pay their electricity bills using Mobikwik website or app. The company already provides bill payment services for prominent power discoms such as Reliance Energy, BSES Rajdhani, BSES Yamuna, Tata Power Delhi Distribution Ltd. and Chhattisgarh Electricity Board.

Speaking on the tie-up, Mrinal Sinha, COO, MobiKwik, said, “With these tie-ups, Mobikwik now provides electricity bill payment services for 25 power discoms in India. This development is in line with our vision to make digital payments ubiquitous.”

The electricity boards that have been partnered with include Bhagalpur Electricity Private Limited, India Power Corporation Limited, DNHPD, Rajasthan Vidyut Vitran Nigam, Tripura State Electricity Board, Madhya Pradesh Madhya Kshetra, Madhya Pradesh Paschim Kshetra Vidyut Vitaran, Madhya Pradesh Poorv Kshetra Jabalpur, Daman and Diu Electricity, Calcutta Electricity Supply, Meghalaya Electricity and Odisha Discom.

MobiKwik has a network of 32 million users and 100000 merchants across the country. A pioneer in India’s digital payments industry, MobiKwik also enables cash loading on its wallet with 100000 touch points across 1000 locations.

MobiKwik is already powering payments for IRCTC, Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, Nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip.

Mobikwik closest competitor and probably much well-funded than Mobikwik is said to be picking more funding of approx. $300M from Goldman Sachs, Temasek and Mediatek.

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