https://www.medianama.com/2018/11/223-mobikwik-...

MobiKwik has shut down two of its offices in India, laid off several employees, and scaled back its retail business, sources have told MediaNama. A current employee said that upto 200 employees and contractors have been asked to leave in all. MediaNama was unable to verify this number from other sources, and MobiKwik’s founders have not responded to multiple requests for comment.

According to sources, MobiKwik’s Chennai office, which housed 5-10 employees, according to one person familiar with the matter, was shut down. This was likely a satellite office, like its other offices in Pune, Mumbai, Hyderabad, Kolkata and Mumbai, where the employee strength is not very high. MobiKwik is headquartered in Gurgaon where most of its staff works out of.
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