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, Multipl has 34 employees, reflecting a 10% year-over-year growth in headcount.

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. Its primary sector is Investment Tech. In India, the Investment Tech sector has seen $461M in funding in 2026 to date.

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, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Zave, which secured $497K in Jun, 2026.

Who are the top competitors of Multipl?

Multipl's top competitors include Zave, Bachat and investu. Among them, Zave secured the most recent funding round in June, 2026.

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

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 & 57 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

Zave & 46 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	Reports
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 WEALTH MANAGEMENT PRIVATE LIMITED CIN: U67100KA2019PTC130994 , India, Active	Dec 25, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	-

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 16 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	6037246	Seed	9524900	2170757	7644319	6493862
Jun 11, 2025	5399631	Seed	4329804	6394317	4147005	GFR Fund
Jul 03, 2024	5031192	Seed	8943601	7037511	Blume Venture & 1 more	9043944

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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	6y 1m
Jags Raghavan	Team	-	Current	6y 1m
Paddy Raghavan	Team	-	Current	6y 1m

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	Ribbit Capital, Merak Ventures & 56 others	69/100
2nd	Zave 2023, Bengaluru (India), Seed	App-based platform offering rewards for multi-category products	$545K	Inflection Point Ventures, Mucker & 3 others	51/100
3rd	Bachat 2019, India, Deadpooled	Savings management app	-	-	15/100
4th	investu 2015, Delhi (India), Deadpooled	Online goal based investment platform for individuals	-	-	14/100

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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. The cap table displayed below is for MULTIPL FINTECH SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Multipl.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	43.55%	55.5Cr	3231946	8100371	2538042	4792660
Jags Raghavan	4358624	9273472	6500893	7611762	3391810	5204350
Paddy Raghavan	4169070	1447036	5791094	5677666	9546642	7551430
Vikas Jain	7339634	2008938	7556060	7736972	9779115	8074956
Fund	33.95%	43.2Cr	3650322	5490223	1673921	3147613
Blume Venture	4702235	9789805	3112266	3005138	5296433	8473624
ICMG Group	71	87	56	35	39	77
888vc	0	0	0	0	0	0
GFR Fund	0	0	0	0	0	0
Enterprise	4.03%	5.13Cr	1215	2063	7253	6412
Angel	10.06%	12.8Cr	4778569	4395486	3959331	6586953
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	1178829	6844232	1644783	5118967
Total	100.00%	127Cr	5291274	3366095	5254448	8587464