Lifestyle

MobiKwik Co-founder Upasana Taku’s Net Worth, Career Journey & Controversy

Upasana is the chairperson, co-founder, and executive director of MobiKwik, a very successful fintech platform. Before founding MobiKwik, she had many years of experience in payments and financial services. With her successful career, she has a good net worth, enabling her to live a lavish lifestyle.

Contents

Highlights of Upasana Taku

Taku’s Net Worth and Assets

Upasana’s Career Journey

Upasana Taku’s Family

Controversy of Upasana Taku

Social Media Appearance of Taku

Conclusion

This blog tells you all about Upasana Taku’s net worth, salary, career, assets, cars, real estate, and controversies.

Highlights of Upasana Taku

Full Name	Upasana Taku
Born Year	1980
Born Place	Gujarat
Education	MS (Stanford University)
Profession	Entrepreneur

Taku’s Net Worth and Assets

According to DNA India, it is estimated that Upasana Taku’s net worth is Rs. 8000 crores. She earned her maximum net worth from her fintech company, making her one of India’s influential women entrepreneurs. Her net worth reflects the success of MobiKwik’s fintech operations and its evolving market presence in a highly competitive market.

The information about her real estate and cars is not publicly revealed, which shows she likes to keep her personal and professional life separate. But from her good salary, it can be estimated that she has made a good investment in real estate and owns multiple luxury cars.

Upasana’s Career Journey

The career path of Upasana Taku can be described as the adventure of boldness, hope, and endurance. She did her engineering at NIT Jalandhar and a Master’s in Management Science and Engineering at Stanford University. While working in the US with HSBC and PayPal, she was motivated to cause a change and came back to India in 2008.

She started with an NGO, but later found Bipin Preet Singh with whom she jointly founded MobiKwik in 2009. The process began in their small apartment, where it was not easy, as they had to struggle to secure banking agreements, money, and even face gender discrimination. In 2012, she established Zaakpay, a company subsidiary that is a digital payment gateway. During her tenure, MobiKwik emerged as one of the prominent fintech companies in India and was valued at 700 million by 2021.

Upasana Taku’s Family

She was from a Kashmiri family, and her parents were professors, making her disciplined from a young age. In 2011, Upasana married Bipin Preet Singh. Their personal and professional relationship has formed the key to their success in creating one of the most successful fintech companies in India. They both have a daughter named Vidushi. Upasana is an accomplished fintech entrepreneur whose family background, shaped by academics and good values, influenced her success.

Controversy of Upasana Taku

Some of the controversies that have affected Upasana Taku and MobiKwik have been associated with financial and operational issues. There was one fraud case that caused internal security changes, such as two-factor authentication and VPN logins, because a former employee had stolen the company’s funds.

Furthermore, as co-founder, Upasana has talked about how Buy Now Pay Later (BNPL) programs are being exploited by other businesses, highlighting the need to be a responsible lender and regulate the financial technologies industry. Cases of customer complaints and criticism of MobiKwik on social media over its responsiveness have also been seen. Upasana Toku is still focusing on regulatory challenges and driving MobiKwik to profitability and innovation in the field of digital payment.

She is not very active on platforms like Instagram or Facebook, but she has a good portfolio on LinkedIn with more than 50 thousand followers. Here she gives you updates about her company, projects, and achievements. She mainly uses these platforms to inspire you to achieve your goals with all your efforts and dedication, without being afraid of difficulties and failures.

Conclusion

The innovative and disciplined nature of Upasana has made her the first woman to run a payments startup and featured on the Forbes Asia Power Businesswomen list. She is still working to make MobiKwik profitable and more financially inclusive in India.

Nandini Agarwal

Nandini Agarwal is a senior entertainment writer at Active Noon and has experience writing in many niches including entertainment, fashion, gadgets, travel, and events. She has attended the Asian Academy of Film & Television and has obtained a Masters in Media Studies. With more than six years of professional experience, she has a myriad of published articles in Active Noon. Nandini’s areas of expertise include Bollywood, Hollywood, entertainment, and fashion, which makes her a treasured forte in the organisation.