Magicpin Overview
- Year Founded
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2015

- Status
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Private
- Employees
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881

- Latest Deal Type
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Series D
- Latest Deal Amount
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$62.3M
- Investors
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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.inCorporate Office
- Plot Number 379 and 380, Sector - 29
- Near IFFCO Chowk Metro Station
- Gurugram, Haryana 122001
- India
Corporate Office
- Plot Number 379 and 380, Sector - 29
- Near IFFCO Chowk Metro Station
- Gurugram, Haryana 122001
- India
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 |
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% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Magicpin Comparisons
Industry
Financing
Details
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 |
Magicpin Signals
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 |
Magicpin FAQs
-
When was Magicpin founded?
Magicpin was founded in 2015.
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Where is Magicpin headquartered?
Magicpin is headquartered in Gurugram, India.
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What is the size of Magicpin?
Magicpin has 881 total employees.
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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.
Data Transparency
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