MobiKwik, a leading Indian fintech company, has elevated Saurabh Dwivedi to the position of Chief Technology Officer (CTO) as part of a broader leadership restructuring aimed at strengthening its technological and operational capabilities. The announcement was made on June 30, 2025, by One MobiKwik Systems Limited, the parent entity behind the digital payments platform.
Dwivedi’s promotion comes at a critical juncture as MobiKwik intensifies its focus on integrating Artificial Intelligence (AI) across its product suite. As CTO, he will be responsible for steering the company’s tech roadmap, scaling innovation, and deploying AI-driven solutions to boost growth, efficiency, and user experience.
In addition to Dwivedi’s promotion, Dhruv Wadhera has been appointed as Senior Vice President (SVP) of Offline Payments, underscoring the company’s push to expand its footprint in physical retail and merchant ecosystems. These appointments reflect MobiKwik’s commitment to nurturing internal talent and driving domain-specific excellence across its verticals.
However, the leadership changes come during a financially challenging phase for MobiKwik. The company reported a net loss of INR 121.53 crore for FY25, a sharp contrast to its net profit of INR 14.1 crore in FY24. Despite the setback, the company is doubling down on strategic investments in technology and leadership to reclaim profitability and scale sustainably.
MobiKwik’s elevation of key leaders signals a renewed focus on technological advancement and operational rigor. With Dwivedi at the helm of technology and Wadhera overseeing offline growth, the fintech firm aims to build a more resilient and forward-looking business model. These leadership changes are expected to play a pivotal role in shaping MobiKwik’s next phase of digital transformation and market expansion.
