Minko Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
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32
- Latest Deal Type
-
M&A
Minko General Information
Description
Developer of a digital payment platform designed to offer micro-banking services in rural areas. The company's platform, along with its software application, helps suppliers and distributors get paid faster, and it offers digital payment acceptance, value-added services, and micro-banking services so that businesses can grow, enabling rural offline retail stores to turn into small payment outlets and helping residents of that area to avail of instant payments and money transfers.
Contact Information
Website
www.minko.appCorporate Office
- Number 263/1, Karapur Tisk Vithalapur
- North-Goa
- Sanquelim, Goa 403505
- India
Corporate Office
- Number 263/1, Karapur Tisk Vithalapur
- North-Goa
- Sanquelim, Goa 403505
- India
Minko Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 01-Mar-2024 | Completed | Generating Revenue | |||
| 8. Later Stage VC | Completed | Generating Revenue | ||||
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Seed Round | 22-Dec-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 26-Jun-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 01-Mar-2020 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 1. Accelerator/Incubator | 15-Oct-2019 | Completed | Generating Revenue |
Minko Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Series Seed Preference | 4,798 | $0.132642 | $7.05 | $7.05 | 1x | $7.05 | 2.21% | |
| Series Seed CCPS | 16,437 | $0.132642 | $6.91 | $6.91 | 1x | $6.91 | 7.57% |
Minko Comparisons
Industry
Financing
Details
Minko Competitors (11)
One of Minko’s 11 competitors is Razorpay, a Venture Capital-Backed company based in Bangalore, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Razorpay | Venture Capital-Backed | Bangalore, India | ||||
| Paytm | Formerly VC-backed | Noida, India | ||||
| Suvidhaa | Formerly VC-backed | Mumbai, India | ||||
| Mercado Pago Instituição de Pagamento | Private Debt Financed | Osasco, Brazil | ||||
| Progcap | Venture Capital-Backed | New Delhi, India |
Minko Signals
Minko Former Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| April Ventures | Venture Capital | Minority | ||
| Astir Ventures | Venture Capital | Minority | ||
| GrowthCap Ventures | Venture Capital | Minority | ||
| JAIN Launchpad | Accelerator/Incubator | |||
| JioGenNext | Accelerator/Incubator | Minority |
Minko FAQs
-
When was Minko founded?
Minko was founded in 2017.
-
Where is Minko headquartered?
Minko is headquartered in Sanquelim, India.
-
What is the size of Minko?
Minko has 32 total employees.
-
What industry is Minko in?
Minko’s primary industry is Financial Software.
-
Is Minko a private or public company?
Minko is a Private company.
-
What is Minko’s current revenue?
The current revenue for Minko is .
-
How much funding has Minko raised over time?
Minko has raised $2.39M.
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Who are Minko’s investors?
April Ventures, Astir Ventures, GrowthCap Ventures, JAIN Launchpad, and JioGenNext are 5 of 17 investors who have invested in Minko.
-
Who are Minko’s competitors?
Razorpay, Paytm, Suvidhaa, Mercado Pago Instituição de Pagamento, and Progcap are some of the 11 competitors of Minko.
-
When was Minko acquired?
Minko was acquired on 01-Mar-2024.
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