Mobikwik Founder’s Reddit AMA: The Good, The Bad & The Worst


Bipin SIngh Reddit

How can a company gauge it’s reputation and impact in the market? Old age business school tells a very simple formula for the same: Ask your customers, and you shall get what you need.

It seems that the new age ecommerce companies are slowly but gradually realizing this fact, but there is a warning: The questions can get uncomfortable, and the brutal postmortem of your company’s services can cause some heartburn.

Mobikwik co-founder Bipin Singh experienced some similar sentiments, when he decided to conduct an Ask Me Anything or AMA session on Reddit India recently. Irate customers of this mobile wallet, who have received cold responses from their customer care executives in the past, and have lost all hope of recovering their money, vent their anger and frustration during the AMA session, and Bipin found himself totally unguarded against the onslaught.

Mobikwik was founded in 2009 by Bipin Singh and Upasana Taku. In 2013, they raised $5 million in Series A funding, and in April this year, Cisco along with other VCs pumped in $25 million as Series B investment.

Although Paytm and Mobikwik were launched in the same year, the former has dwarfed them in every aspect. On one hand Paytm has 25 million customers who perform a million transactions every day, with an annual revenue run rate of Rs 6200 crore; Mobikwik has around 15 million customers with annual revenue of Rs 1500 crore. Clocking 300,000 transactions a day, Mobikwik is certainly struggling at this point of time.

And the questions posted by Reddit users during the AMA gives us some hint of the reason behind Mobikwik’s lethargic performance: Customer Satisfaction and Dependability; or rather lack of it.

Here are some of the good, bad and worst replies posted by Bipin Singh on his maiden Reddit AMA:


1. Top Rated Comment: Worst Reply From Bipin

The top rated comment which appears right on the front of the thread gives a hint of the sentiments exchanged during the AMA; and in this case, it was quite easy to feel it:

Reddit Bipin AMA1

In reply, Bipin had only this to say:

Bipin SIngh Reddit2

31 down votes is self-explanatory. Considering the pain and the delay experienced by the user, the reply was certainly lacking in every aspect.

2. Worst Possible Response: Indifference To Customer’s Concern

When a Mobikwik consumer shared his experience of using the service, and how his funds are still blocked due to technical issues, all Bipin had to do was empathize with the customer, and make him believe that the issue would be resolved. But all he managed to say was:

Bipin SIngh Reddit3

19 downvotes seems justified here.

3. The Good: Personalized Replies

When one Reddit user asked some product specific question, Bipin was open, and he replied it well. And the fact that he is a programmer as well, added to the weight.

Bipin SIngh Reddit4

Bipin’s reply:

Bipin SIngh Reddit4-1

4. The Good: Open Up, Be Transparent

Bipin scored another brownie when he posted some real personal answers, thereby providing a transparent medium of communication.

Bipin SIngh Reddit5

5. Bad: Provide Justifications and Logic

When a user asked why Mobikwik prefers cards over net banking, Bipin provided a vague reply, which doesn’t merit any logic.

Bipin SIngh Reddit6


Bipin SIngh Reddi6-1

6. Bad: Justify Your Point of View

On a question on why Mobikwik doesn’t have a toll free number to share grievances, Bipin asked to email the concern. This is again a bad example of customer satisfaction:

Bipin SIngh Reddi7

7. Worst Attitude: I am the Center of this Universe

In one of the questions, Bipin was asked about Paytm competition, and how he will manage to make Mobikwik bigger. The response was certainly without any logic:

Bipin SIngh Reddit8

8. Marketing on Reddit: Worst Case Scenario

Reddit community hates marketing on their platform, and when the founder of a startup asks to download an app, then it can’t be worst than this.


And another one:


The replies from Bipin seemed half hearted, without that fire which we expected from an entrepreneur who is trying to change this world. With few exceptions, all the answers were either vague, without any logic or simply marketing oriented.

It could have been turned into a session where the negative vibes against the services were countered with positivity and a new determination. But all that this AMA achieved was desperate attempt to maintain the status-quo.

You can check out our report of AMA sessions of Zomato founder Deepinder Goyal and’s co-founder Rahul Yadav.

  1. Raja Nagendra Kumar says

    Frankly speaking, PayTM is worst.. I can’t even make transaction (failed at least 3 times).. as their payment system has so many bugs.. Mobikwik far far better and very simple to use.. my worry is security…which is the side effect of being so simpler..:). I like Mobikwik parking of money due to huge cashbacks and its association with BookMyShow with great discounts. Wish they have similar tie-ups with Hotels & Foodcourts

    Wish to see mobile wallets (specially Mobikwik) become so popular, so, we have no need to carry cash..

  2. Sreekanth Yelicherla says

    The first screenshot is true. Mobikwik is worst and unreliable when it comes to offers. I myself fooled many times (even in that strike gold offer :d). Their transactions also fail many times for Postpaid when requested money to refund, the answer given by them is “Please use the money in wallet for prepaid numbers”. Mobikwik is ugly in every aspect. And there is nothing called customer service for mobikwik.

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