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Magicpin
company
About
Magicpin is a platform that allows its users to shop and interact with those around them.
- 501 - 1000
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $60M
- Industries
- Advertising,E-Commerce,E-Commerce Platforms,Retail
- Founded date
- Jan 1, 2015
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
Magicpin is a software platform where users and merchants in a locality discover, interact, and transact online. For merchants, they are the go-to platform for spotlighting their uniqueness while boosting their revenues and utilization through real-time promotions, loyalty programs, and content updates. For users, they are the destination to find out the buzz in their locality and discover interesting people to connect with and events/merchants to go to.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
5
$70M ₹1.70B
Magicpin has raised a total of
$70M ₹1.70B
in funding over 2 rounds. Their latest funding was raised on
Nov 10, 2021 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 10, 2021 | Series D | $60M | 1 |
Zomato
|
— | Detail |
| Aug 30, 2021 | Series Unknown | $3M | 2 |
|
— | Detail |
| May 13, 2020 | Series C | ₹293M | 1 | — | — | Detail |
| Nov 23, 2018 | Series C | ₹1.41B | 1 | — | — | Detail |
| May 31, 2017 | Series B | $7M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
2
3
Magicpin is funded by 3 investors.
Zomato
and RA Holdings
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Zomato
|
Yes | Series D |
|
|
Yes | Series Unknown |
|
|
— | Series Unknown |
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