Smartpocket - About the company
Smartpocket is an acquired company based in Bengaluru (India), founded in 2013 by Mayank Shah. It operates as a Mobile wallet to manage loyalty credits for offline stores. Smartpocket has raised $1.77M in funding from Sol Primero, with last known valuation of ₹*****. The company has 40 active competitors, including 4 funded and 5 that have exited. Its top competitors include companies like Stocard, Yollty and Mobile-pocket.
Company Details
SmartPocket is a mobile app that connects brick-and-mortar businesses to their loyal customers. Is a digital pocket of loyalty cards, automatically figures out the loyalty memberships a user holds using their phone number/ need to enter details of the loyalty cards. Cards are stacked on SmartPocket app and updated with points and personalized offers. Can see the latest products and deals from favourite brands. The Buy Online button on these cards takes to the website or offline store of the brand, where a user can shop. Raised $240k in February 2015 from Sol Primero and Rajiv Mehta. Acquired by Goodbox in Jan, 2016. Post acquisition, the co-founders will join the leadership at Goodbox.
- Website
- smartpocket.in
- Registered Address
- Flat No. 5002, Anriya Greinberg Apts Allalasandra, Yelahanka, Bangalore, Bangalore, Karnataka, India, 560065
Key Metrics
Founded Year
2013
Location
Bengaluru, India
Stage
Acquired
Total Funding
$1.77M in 1 round
Latest Funding Round
Last Known Valuation
₹***** as on Jan 23, 2015
Investors
Ranked
26th among 40 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2017
Exit Details
Acquired by Goodbox (Jan 18, 2016)
Legal entities associated with Smartpocket
Smartpocket is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINDULUM TECHLABS PRIVATE LIMITED CIN: U74900KA2013PTC071996 , India, Strike off | Nov 21, 2013 | 0 - ₹10 Cr (As on Mar 31, 2017) | - |
Smartpocket's acquisition details
Smartpocket got acquired by Goodbox on Jan 18, 2016.
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Smartpocket's funding and investors
Smartpocket has raised a total funding of $1.77M over 1 round. Its latest funding round was a Seed round on Jan 23, 2015 for $*****. 3 investors participated in its latest round. Smartpocket has 1 institutional investor and 2 angel investors.
Here is the list of recent funding rounds of Smartpocket:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 23, 2015 | 7563637 | Seed | 6571110 | 2564196 | 1650241 | 7176072 |
View details of Smartpocket's funding rounds and investors
Smartpocket's founders and board of directors
Founder? Claim ProfileThe founders of Smartpocket is Mayank Shah.
Here are the details of Smartpocket's key team members:
- Mayank Shah: Co-Founder of Smartpocket. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 phone number
Smartpocket's Board of Directors
Smartpocket's board has 3 active members. Mayank Shah and Kiran Shastri are part of team and Presha Paragash is independent board member.Here is the list of Smartpocket's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 7m | |
Team | - | Current | 12y 7m | |
Independent board member | - | Current | 11y 5m |
View details of Smartpocket's Founder profiles and Board Members
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Smartpocket's Competitors and alternates
Top competitors of Smartpocket include Stocard, Yollty and Mobile-pocket. Here is the list of Top 10 competitors of Smartpocket, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based platform for reward payments | $25.4M | 56/100 | ||
2nd | Yollty 2016, Hesperange (Luxembourg), Unfunded | Cloud-based mobile loyalty wallet solutions provider | - | - | 48/100 |
3rd | Mobile-pocket 2010, Hagenberg (Austria), Funding Raised | Mobile app based loyalty cards aggregator | - | 47/100 | |
4th | Thank U Cash 2018, Lagos (Nigeria), Deadpooled | Reward-based digital wallet for consumer payments | $6M | 46/100 | |
5th | Popwallet 2015, New York City (United States), Series A | Mobile-based rewards management | $4.1M | 46/100 | |
6th | Mobile loyalty wallet for rewards and loyalty cards | - | - | 45/100 | |
7th | VirtualCards 2013, Bucharest (Romania), Unfunded | Mobile app based aggregator of loyalty cards | - | - | 43/100 |
8th | Loyalty program and payment solution for consumers and businesses | - | - | 42/100 | |
9th | Provides a loyalty cards aggregator platform | - | 41/100 | ||
10th | Provider of e-payment & marketing solutions | - | 37/100 | ||
26th | Smartpocket 2013, Bengaluru (India), Acquired | Mobile wallet to manage loyalty credits for offline stores | $1.77M | 25/100 |
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Smartpocket's Investments and acquisitions
Smartpocket has made no investments or acquisitions yet.
Reports related to Smartpocket
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