One Mobikwik Systems Limited has informed the Exchange regarding a press release dated June 30, 2025, titled "MobiKwik Elevates Saurabh Dwivedi to Chief Technology Officer".
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On June 30, 2025, MobiKwik announced two senior leadership promotions as part of its growth strategy. Saurabh Dwivedi, who joined as SVP – Engineering for the Payments division in August 2023, has been elevated to Chief Technology Officer (CTO). He previously served as VP – Engineering at MakeMyTrip for over a decade. In his new role, he will lead engineering across Payments, Financial Services, Core Platform, and Infrastructure & InfoSec, with a strong focus on leveraging AI for product development, collections, and customer delight. Alongside, Dhruv Wadhera has been promoted to SVP – Offline Payments, having led the vertical since June 2023 after an eight-year stint at Zomato. The company highlighted that the moves are aimed at strengthening innovation, scaling faster, and driving revenue and margin growth.
Internal promotions signal leadership stability and continuity for shareholders. The CTO elevation underscores MobiKwik's strategic push into AI-led growth, which could support faster product rollout and margin expansion. Investors are likely to view these appointments as a positive signal for execution and innovation capability, though the announcement does not carry any direct financial impact.