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MyPoolin - About the company

MyPoolin is an acqui-hired company based in Delhi (India), founded in 2014 by Ankit Singh and Rohit Taneja. It operates as an Online platform for money pooling. MyPoolin has raised $250K in funding, with last known valuation of $*****. The company has 5 active competitors, including 2 that are funded. Its top competitors include companies like Shelfpay, JoinSub and Spice.

Company Details

Mypoolin is an online platform that allows users to aggregate money for various activities. Users can enter the details of the requirement, the cause of pooling the money and start the project on the platform post which they can invite other users to pool in money. The event creator will receive the money once the assignment reaches a minimum level. Has facilitated over 2,000 pools as of Aug '15. Raised seed funding from a group of angel investors including Sharad Sharma (iSPIRT), Rajan Anandan (MD Google India) and others in June '15. Won $250k for winning the fifth edition of QPrize, Qualcomm Ventures' early-stage investment competition. In Sept 2016, MyPoolin integrated UPI option for payment settlement.
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Registered Address
Unit Number 214 Plot No. A-1, Saket District Centre, New Delhi, New Delhi, Delhi, India, 110017
Key Metrics
Founded Year
2014
Location
Delhi, India
Stage
Acqui-Hired
Total Funding
$250K in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 14, 2018
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
11 - 50 as on Jul 01, 2024
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MyPoolin's funding and investors

MyPoolin has raised a total funding of $250K over 2 rounds. Its first funding round was on Jun 08, 2015. Its latest funding round was a Seed round on Aug 08, 2015 for $*****. 2 investors participated in its latest round. MyPoolin has 3 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of MyPoolin:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 08, 2015
8478156
Seed
5943046
3514909
4006765
5266551
Jun 08, 2015
4997605
Angel
6992422
7763135
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MyPoolin's founders and board of directors

Founder? Claim Profile
The founders of MyPoolin are Ankit Singh and Rohit Taneja.
Here are the details of MyPoolin's key team members:

MyPoolin's Board of Directors

MyPoolin's board has 2 active members. Ankit Singh and Rohit Taneja are part of team.
Here is the list of MyPoolin's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 7m
Team
-
Current
11y 7m

MyPoolin's employee count trend

MyPoolin has 11 - 50 employees as of Jul 24. Here is MyPoolin's employee count trend over the years:
Employee count trend for MyPoolin
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MyPoolin's Competitors and alternates

Top competitors of MyPoolin include Shelfpay, JoinSub and Spice. Here is the list of Top 10 competitors of MyPoolin, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MyPoolin
MyPoolin
2014, Delhi (India), Acqui-Hired
Online platform for money pooling
$250K
36/100
2nd
Logo for Shelfpay
Shelfpay
2022, Bengaluru (India), Seed
Provider of a platform to manage and control spending
$500K
34/100
3rd
Logo for JoinSub
JoinSub
2019, Delhi (India), Seed
Provider of customer engagement and retention solutions
$125K
26/100
4th
Logo for Spice
Spice
2024, Bengaluru (India), Unfunded
Mobile app designed for college students and young adults
-
-
20/100
5th
Logo for FeHype
FeHype
2017, Noida (India), Deadpooled
Social payments app
-
-
16/100
6th
Logo for VeeSplit
VeeSplit
Bengaluru (India), Unfunded
Payment splitting solution for consumers
-
-
16/100
7th
Logo for PayMyRent
PayMyRent
2015, Chennai (India), Deadpooled
Rent and bills payment platform
-
-
15/100
8th
Logo for SplitX
SplitX
2016, Bengaluru (India), Deadpooled
Mobile split app along with payments.
-
-
15/100
9th
Logo for Rupaiya
Rupaiya
2019, Mumbai (India), Deadpooled
Bill splitting solutions for consumers
-
-
15/100
10th
Logo for PoolWallet
PoolWallet
2015, Delhi (India), Funding Raised
Money pooling based mobile app
-
15/100
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MyPoolin's Latest cap tables and shareholding

Founders (largest shareholder) own 75.40%, Angels own 18.70% and ESOP Pool own 5.70%. The net worth of MyPoolin's founders is INR 3.53Cr as of Jun 08, 2015.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
75.40%
3.53Cr
9409049
5730882
6881180
1424077
7292701
6925595
6885635
2095594
8882088
7473846
9669869
3220425
8137703
5699207
5155123
9152034
Angel
18.70%
88.2L
6007464
6529465
8299602
1346698
89
67
86
79
25
87
1
3
1
5
4
2
ESOP Pool
5.70%
26.5L
87214
33063
78315
74814
Total
99.80%
4.67Cr
6192172
1912341
3397897
3805939
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of MyPoolin's Shareholding

MyPoolin's Investments and acquisitions

MyPoolin has made no investments or acquisitions yet.

Reports related to MyPoolin

Here is the latest report on MyPoolin's sector:

News related to MyPoolin

•
Mypoolin allows money transfer through mobile numberIndiatimes•Dec 08, 2016•MyPoolin
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