MobiKwik targets ₹300 crore more in quarterly loan disbursals through AI
MobiKwik is deploying AI models to identify lending drop-offs and tailor offers for 96 million potential borrowers. The company reported Q1FY27 net profit of ₹7.61 crore, against a ₹41.92 crore loss a year earlier, alongside 50% GMV growth.
MobiKwik is using AI models to identify lending drop-offs and target 96 million users with tailored offers, aiming to add ₹300 crore in loan disbursals each quarter. The fintech also reported its third consecutive profitable quarter in Q1FY27.
Why this matters
No related recent signals are listed; the AI lending push pairs MobiKwik's borrower targeting with Q1FY27's return to profit and 50% GMV growth.
Retail-company signals are accelerating, up 230017% QoQ.