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 RA Holdings 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
RA Holdings Yes Series Unknown
Moonstone Investments Series Unknown