Mobile payments startup MobiKwik is reportedly set to raise Rs 50 crore in debt funding from BlackSoil Capital via non-convertible debentures (NCD). MobiKwik's Board passed a special resolution to issue 1,000 NCDs at an issue price of Rs 5 lakh each to raise Rs 50 crore. This comes as the fintech plans to raise Rs 700 crore via IPO.