Mobikwik flips the UPI script with Pocket UPI, ropes in Jaideep Ahlawat for new campaign

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Mobikwik flips the UPI script with Pocket UPI, ropes in Jaideep Ahlawat for new campaign

With a 23 per cent wallet market share, Mobikwik bets big on bank-free UPI with humour-led films

Mobikwik

MUMBAI: India's largest digital wallet by transaction value, Mobikwik has kicked off a cheeky new campaign spotlighting its Pocket UPI product — a feature designed to challenge the dominance of traditional bank-linked UPI. The multi-media campaign stars actor Jaideep Ahlawat reprising his no-nonsense cop persona in humorous short films tackling the everyday mess of digital payments.

In the first instalment, Ahlawat is seen policing cluttered bank statements caused by minor UPI transactions, positioning Pocket UPI as a hassle-free alternative. Unlike conventional UPI, Pocket UPI allows users to transact without linking their bank accounts, helping them avoid transaction-related clutter, track monthly expenses better, and make PIN-less payments — all while lowering fraud risks.

"Pocket UPI is our latest push to simplify how India pays", said Mobikwik CMO Jaskaran Singh Kapany. "And who better than Jaideep to bring gravitas and humour to what is essentially a smart tech switch for consumers".

The campaign dropped with a teaser on Ahlawat’s Instagram on 16 May, generating celebrity buzz around how his character would solve India’s digital payment headaches. The full film went live today on Mobikwik's digital channels, with more short films focusing on security, speed, and budgeting tools lined up for release.

According to the Redseer Report, Mobikwik serves over 176.4 million users and 4.6 million merchants and holds a 23 per cent market share in prepaid instrument (PPI) wallet gross transaction value as of November 2024. The company continues to scale its financial services footprint across credit, insurance, savings, and investments.

Founded in 2009 by Bipin Preet Singh and Upasana Taku, Mobikwik has consistently positioned itself at the intersection of innovation and financial access. With Pocket UPI, it is now attempting to rewrite the UPI rulebook altogether.