When was Multipl founded?

Multipl was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Multipl located?

Multipl is headquartered in Bengaluru, India. It is registered at SLV Arcade, 2nd Floor,No. 57 Old No. 320/D, 9th Main Road, 40th Cross, 5th Block, Ja, yanagar, Bangalore, Bangalore, Karnataka, India, 560011.

Who is the current CEO of Multipl?

Paddy Raghavan of Multipl. They have also founded 1 company.

Which legal entities is Multipl associated with?

Multipl is associated with MULTIPL FINTECH SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Multipl have?

As of Aug 31, 2025, the latest employee count at Multipl is 34.

Is Multipl a funded company?

Multipl is a funded company, having raised a total of $5.77M across 7 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 31, 2020.

How much is Multipl worth?

The latest valuation of Multipl is ₹***** as of Mar 31, 2026.

When was the latest funding round of Multipl?

Multipl's latest funding was a $***** Seed round on Dec 11, 2025, with participation from 2 investors.

What is the annual revenue of Multipl?

Annual revenue of Multipl is less than ₹10 Cr as on Mar 31, 2025

Where does Multipl rank among its competitors?

Multipl ranks 1st amongst 2 active competitors, only 1 of which is funded. Multipl, which secured $295K in Dec, 2025.

Who are the top competitors of Multipl?

Multipl's top competitors include Zave, Bachat and investu. Among them, Multipl secured the most recent funding round in December, 2025.

Multipl - 2026 Company Profile, Team, Funding, Competitors & Financials

Multipl is a seed company based in Bengaluru (India), founded in 2019 by Vikas Jain, Jags Raghavan and Paddy Raghavan. It operates as a Provider of investment platform offering options for short and long-term. Multipl has raised $5.77M in funding from investors like Blume Venture, ICMG Group and MIXI Global Investments, with a current valuation of ₹*****.

Company Details

Provider of investment platform offering options for short and long-term. The platform allows users to invest in mutual funds based on financial goals. It offers tools for planned spending and wealth management. The platform also provides access to brand discounts when users redeem their goals.

Website: multipl.in
Email ID: *****@multipl.xyz
Phone Number: +91 **********
Registered Address: SLV Arcade, 2nd Floor,No. 57 Old No. 320/D, 9th Main Road, 40th Cross, 5th Block, Ja, yanagar, Bangalore, Bangalore, Karnataka, India, 560011

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Seed

Total Funding

$5.77M in 7 rounds

Latest Funding Round

Seed, Dec 11, 2025, $*****

Post Money Valuation

₹***** as on Mar 31, 2026

Investors

Blume Venture & 56 more

Ranked

1^st among 2 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

34 as on Aug 31, 2025

Similar Companies

Goin & 45 more

View Multipl's full profile

Multipl is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MULTIPL WEALTH MANAGEMENT PRIVATE LIMITED CIN: U67100KA2019PTC130994 , India, Active	Dec 25, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	-
MULTIPL FINTECH SOLUTIONS PRIVATE LIMITED CIN: U72900KA2020PTC138526 , India, Active	Sep 12, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	34 (As on Apr 01, 2026)

Multipl has raised a total funding of $5.77M over 7 rounds. Its first funding round was on Dec 31, 2020. Its latest funding round was a Seed round on Dec 11, 2025 for $*****. 2 investors participated in its latest round. Multipl has 15 institutional investors and 42 angel investors.

Here is the list of recent funding rounds of Multipl:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2025	2528764	Seed	4072349	9610200	6548239	7759717
Jun 11, 2025	4335380	Seed	8636865	4954118	9380229	GFR Fund
Jul 03, 2024	7870895	Seed	7670648	3164994	Blume Venture & 1 more	2609284

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View details of Multipl's funding rounds and investors

The founders of Multipl are Vikas Jain, Jags Raghavan and Paddy Raghavan. Paddy Raghavan is the CEO of Multipl.

Here are the details of Multipl's key team members:

Vikas Jain: Co-Founder & CIO of Multipl. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Jags Raghavan: Co-Founder & COO of Multipl. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Paddy Raghavan: Co-Founder & CEO of Multipl. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Multipl's Board of Directors

Multipl's board has 3 active members. Vikas Jain, Jags Raghavan and Paddy Raghavan are part of team.

Here is the list of Multipl's board of directors:

Name	Type	Representing	Status	Duration
Vikas Jain	Team	-	Current	5y 9m
Jags Raghavan	Team	-	Current	5y 9m
Paddy Raghavan	Team	-	Current	5y 9m

View details of Multipl's Founder profiles and Board Members

Multipl's employee count trend

Multipl has 34 employees as of Aug 25. The total employee count is 10.0% more than what it was in Aug 24. Here is Multipl's employee count trend over the years:

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Top competitors of Multipl include Zave, Bachat and investu. Here is the list of Top 10 competitors of Multipl, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Multipl 2019, Bengaluru (India), Seed	Provider of investment platform offering options for short and long-term	$5.77M	Blume Venture, QED Innovation Labs & 55 others	69/100
2nd	Zave 2022, Bengaluru (India), Unfunded	App-based platform offering rewards for multi-category products	-	-	23/100
3rd	Bachat 2019, India, Deadpooled	Savings management app	-	-	15/100
4th	investu 2015, Delhi (India), Deadpooled	Online goal based investment platform for individuals	-	-	15/100

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Founders (largest shareholder) own 43.55%, Funds own 33.95%, Enterprises own 4.03% and Angels own 10.06%. The net worth of Multipl's founders is INR 55.5Cr as of Mar 31, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	43.55%	55.5Cr	5216768	5641268	3372696	1725591
Jags Raghavan	3599489	7003584	2069819	2424453	9794491	8835466
Paddy Raghavan	7531400	8712611	1579163	1685674	2530808	6615631
Vikas Jain	6423968	7399376	1712596	7322601	6394300	6596470
Fund	33.95%	43.2Cr	9882846	2527842	2931347	7596901
Blume Venture	2381054	1801492	2177024	2976272	2232175	2502513
ICMG Group	46	35	32	22	51	22
888vc	0	0	0	0	0	0
GFR Fund	0	0	0	0	0	0
Enterprise	4.03%	5.13Cr	7987	2714	5865	5209
Angel	10.06%	12.8Cr	6040673	8473857	2602193	2747590
Ramakrishna Kolluri	0	0	0	0	0	0
Shabana Nakhooda	0	0	0	0	0	0
Other People	0.08%	9.9L	0	0	0	0
ESOP Pool	8.33%	10.6Cr	7468131	8991995	8531396	9654476
Total	100.00%	127Cr	7718073	2237793	8376304	4872602