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.
- Website
- mypoolin.com
- 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
Investors
Ranked
1st among 5 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
11 - 50 as on Jul 01, 2024
Legal entities associated with MyPoolin
MyPoolin is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
INFINYPOOL ONLINE PAYMENT SOLUTIONS INDIA PRIVATE LIMITED CIN: U74999DL2015PTC275723 , India, Active | Jan 19, 2015 | 0 - ₹10 Cr (As on Mar 31, 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 |
View details of MyPoolin's funding rounds and investors
MyPoolin's founders and board of directors
Founder? Claim ProfileThe founders of MyPoolin are Ankit Singh and Rohit Taneja.
Here are the details of MyPoolin's key team members:
- Ankit Singh: Co-Founder of MyPoolin and founder of 1 other company. They are also an angel investor in 4 startups and serve on the boards of 2 companies.
- Rohit Taneja: Co-Founder & Director of MyPoolin and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 phone number
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 |
View details of MyPoolin's Founder profiles and Board Members
MyPoolin's employee count trend
MyPoolin has 11 - 50 employees as of Jul 24. Here is MyPoolin's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform for money pooling | $250K | 36/100 | ||
2nd | Provider of a platform to manage and control spending | $500K | 34/100 | ||
3rd | Provider of customer engagement and retention solutions | $125K | 26/100 | ||
4th | Mobile app designed for college students and young adults | - | - | 20/100 | |
5th | Social payments app | - | - | 16/100 | |
6th | Payment splitting solution for consumers | - | - | 16/100 | |
7th | Rent and bills payment platform | - | - | 15/100 | |
8th | Mobile split app along with payments. | - | - | 15/100 | |
9th | Bill splitting solutions for consumers | - | - | 15/100 | |
10th | PoolWallet 2015, Delhi (India), Funding Raised | Money pooling based mobile app | - | 15/100 |
Looking for more details on MyPoolin's competitors? Click here to see the top ones
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
•
PayU acquires digital financial security firm Wibmo for USD 70 mnBusiness Today•Apr 12, 2019•PayU, Wibmo, PayU, Naspers and 6 others
•
Mypoolin acquired by US payment solution company WibmoIndiatimes•Mar 14, 2018•MyPoolin, Wibmo, Wibmo, Accel
•
MakeMyTrip partners with Mypoolin to promote ‘Group Gifting'Travelbizmonitor•Dec 08, 2017•MyPoolin, MakeMyTrip
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Pealo launches a chat bot in Facebook to help Singaporean SMEs apply for grantse27•Jul 06, 2016•Pealo, Facebook, Mimetic, MyPoolin
•
From social payment bots to multi-lingual car apps – the hot product launches of the weekYourStory•Jun 02, 2016•Apple, Foxconn Electronics, MyPoolin, Facebook
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Tools of the trade: How Mypoolin made its app twenty times faster and tripled resiliencye27•Apr 21, 2016•MyPoolin
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