Launch
MobiKwik subsidiary cleared to start stock broking
By Startup Enthusiast ·
- Date
- Company
- MobiKwik
- What it does
- Stock broking approval
- Kind
- Launch
- Based in
- Gurugram
What they do
BSE enabled MobiKwik Securities Broking Pvt Ltd on its platform from 24 February 2026, completing the key regulatory steps
What happened
The subsidiary was set up in March 2025 and received its SEBI stockbroker registration in July 2025
Why it matters
The move puts MobiKwik in competition with broking apps such as Groww, Angel One and Zerodha
The details
- Subsidiary MSBPL incorporated March 2025.
- SEBI registration came in July 2025.
- BSE approval allows trading, clearing and settlement of equities.
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