Mobikwik is one of the fraud companies. They signed undertakings with reputed companies like Microsoft so that customer create new accounts as much as possible to avails the offer. Mobikwik always put a condition that "company has the right to change or withdraw their offer without any prior intimation to customer". Under this shelter they can withdraw their offer at any point of time and customer cannot do anything against them.
I would Say DO NOT PUT YOUR MONEY IN MOBIKWIK WALLET AS CAN BE INSOLVENT AT ANY POINT OF TIME because they do not have revenue source and they are even not able to recover their promotional expenses. they will eat away all your money which you have kept in wallet.