Magicpin Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 881

Employees

  • Latest Deal Type
  • Series D

  • Latest Deal Amount
  • $62.3M

  • Investors
  • 13

Magicpin General Information

Description

Developer of an online discovery and savings platform designed to revolutionize offline marketing and local shopping in India. The company's platform offers rewards in the form of points and cashback on the sharing of bills of purchase made, enabling merchants to drive engagement and commerce at a local level while helping users explore new avenues to shop.

Contact Information

Website
www.magicpin.in
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Plot Number 379 and 380, Sector - 29
  • Near IFFCO Chowk Metro Station
  • Gurugram, Haryana 122001
  • India
+91 0124
Primary Industry
Information Services (B2C)
Other Industries
Application Software
Other Financial Services
Vertical(s)
Mobile
Corporate Office
  • Plot Number 379 and 380, Sector - 29
  • Near IFFCO Chowk Metro Station
  • Gurugram, Haryana 122001
  • India
+91 0124

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Magicpin Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series D) 10-Nov-2021 $62.3M Completed Generating Revenue
6. Later Stage VC (Series C) 13-Jul-2020 Completed Generating Revenue
5. Later Stage VC 12-May-2020 Completed Generating Revenue
4. Early Stage VC 10-Oct-2018 Completed Generating Revenue
3. Early Stage VC (Series B) 31-May-2017 Completed Generating Revenue
2. Accelerator/Incubator 13-Jun-2016 $50K $3.06M Completed Generating Revenue
1. Early Stage VC (Series A) 01-Aug-2015 $3.01M $3.01M Completed Startup
To view Magicpin’s complete valuation and funding history, request access »

Magicpin Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Preference
Preference
Ordinary
Ordinary
Preference
Ordinary
Series C
Ordinary 1 $0.133622 $1281.82 $1281.82 1x $1281.82 0%
Preference 94 $1.336224 $1281.82 $1281.82 1x $1281.82 0.03%
To view Magicpin’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Magicpin Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online discovery and savings platform designed to revolutionize offline marketing and local shopping in
Information Services (B2C)
Gurugram, India
881 As of 2024

Hyderabad, India
 

Telangana, India
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Magicpin Competitors (10)

One of Magicpin’s 10 competitors is GrabOn, a Venture Capital-Backed company based in Hyderabad, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GrabOn Venture Capital-Backed Hyderabad, India
Shop Pirate Formerly VC-backed Telangana, India
LBB (Internet Retail) Formerly VC-backed New Delhi, India
Nearbuy (Information Services (B2C)) Formerly VC-backed New Delhi, India
GoSavvy Formerly VC-backed Bangalore, India
You’re viewing 5 of 10 competitors. Get the full list »

Magicpin Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Magicpin Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aroa Venture Partners Venture Capital Minority
Eternal (Gurugram) Corporation Minority
RA Holdings Corporation Minority
Trifecta Capital Venture Capital Minority
Samsung Venture Investment Corporate Venture Capital Minority
You’re viewing 5 of 13 investors. Get the full list »

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Magicpin FAQs

  • When was Magicpin founded?

    Magicpin was founded in 2015.

  • Where is Magicpin headquartered?

    Magicpin is headquartered in Gurugram, India.

  • What is the size of Magicpin?

    Magicpin has 881 total employees.

  • What industry is Magicpin in?

    Magicpin’s primary industry is Information Services (B2C).

  • Is Magicpin a private or public company?

    Magicpin is a Private company.

  • What is the current valuation of Magicpin?

    The current valuation of Magicpin is .

  • What is Magicpin’s current revenue?

    The current revenue for Magicpin is .

  • How much funding has Magicpin raised over time?

    Magicpin has raised $141M.

  • Who are Magicpin’s investors?

    Aroa Venture Partners, Eternal (Gurugram), RA Holdings, Trifecta Capital, and Samsung Venture Investment are 5 of 13 investors who have invested in Magicpin.

  • Who are Magicpin’s competitors?

    GrabOn, Shop Pirate, LBB (Internet Retail), Nearbuy (Information Services (B2C)), and GoSavvy are some of the 10 competitors of Magicpin.

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