MobiKwik is raising around Rs 223 crore from unknown investors through a Cayman Island-based L.P. named MK SPV IX in an equity cum debt deal. The Gurugram-based firm has issued 1,17,585 compulsorily convertible debentures (CCDs) priced at Rs 9,440 each to MK SPV IX L.P to raise Rs 111 crore according to regulatory filings. MobiKwik has also entered into a securities subscription agreement with the same investor to issue 1 Share warrant (Series F tranche I warrant) for an aggregate amount of Rs 75 crore ($10 million). The fresh round is a much-needed round for MobiKwik and would allow it to prepare for the next 2-3 years.