Hindu business line   hbl

MobiKwik seeks to break even by September

On Sunday, MobiKwik signed a strategic partnership with Reliance Nippon Life Asset Management to launch ‘Kwik Save’, a unique investment product in the liquid fund category, with an instant redemption feature. With the new mutual fund, users can transfer amounts as low as ₹100 from their bank account into Kwik Save and yet have instant access to their money through a 24x7x365 instant redemption feature.