About 91mobiles
91mobiles is a company based in Delhi (India) founded in 2012 by Bharanidharan Viswanathan and Nitin Mathur.. 91mobiles has raised $1.16 million across 3 funding rounds from investors including India Quotient, ITIAN and Balaji Web. The company has 104 employees as of April 10, 2024. 91mobiles has completed 1 acquisition, including Pricebaba. 91mobiles operates in a competitive market with competitors including MobPrice, Inmya, theklicker, BestMobile and PhoneSah, among others.
- Headquarter Delhi, India
- Employees 104 as on 10 Apr, 2024
- Founders Bharanidharan Viswanathan, Nitin Mathur
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 91Digital Web Private Limited
- Date of Incorporation 08 Aug, 2012
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.61 M (USD)103457.3as on Mar 31, 2023
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Net Profit
$448.34 K (USD)145480.79as on Mar 31, 2023
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EBITDA
$1.11 M (USD)126350.71as on Mar 31, 2023
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Total Equity Funding
$1.16 M (USD)
in 3 rounds
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Latest Funding Round
$105.81 K (USD), Seed
Aug 29, 2015
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Investors
India Quotient
& 12 more
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Employee Count
104
as on Apr 10, 2024
- Investments & Acquisitions
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Funding Insights of 91mobiles
91mobiles has successfully raised a total of $1.16M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $105.81 thousand completed in August 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $105,813
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First Round
First Round
(01 Dec 2012)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Seed - 91mobiles | Valuation | India Quotient | |
| Feb, 2013 | Amount | Seed - 91mobiles | Valuation | India Quotient | |
| Dec, 2012 | Amount | Seed - 91mobiles | Valuation | Balaji Web |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 91mobiles
91mobiles has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include India Quotient, ITIAN and Balaji Web. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Offers ITES, development, and outsourcing for finance, legal, and HR services.
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Founded Year | Domain | Location | |
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Delivers comprehensive web development, hosting, and digital marketing services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 91mobiles
91mobiles has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pricebaba. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Price comparison site for products from local stores and eCommerce sites
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 91mobiles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
91Mobiles Comparisons
Competitors of 91mobiles
91mobiles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MobPrice, Inmya, theklicker, BestMobile and PhoneSah, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Functions as an online platform for comparing smartphone prices.
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| domain | founded_year | HQ Location |
Content and product discovery platform for gadgets
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| domain | founded_year | HQ Location |
Compares prices of electronic gadgets from various online retailers quickly.
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| domain | founded_year | HQ Location |
Serves as a price comparison platform for smartphones.
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| domain | founded_year | HQ Location |
Operates an online platform for price comparison services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 91Mobiles
Frequently Asked Questions about 91mobiles
When was 91mobiles founded?
91mobiles was founded in 2012.
Where is 91mobiles located?
91mobiles is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of 91mobiles?
Bharanidharan Viswanathan is the current CEO of 91mobiles. They have also founded this company.
Is 91mobiles a funded company?
91mobiles is a funded company, having raised a total of $1.16M across 3 funding rounds to date. The company's 1st funding round was a Seed of $55.05K, raised on Dec 01, 2012.
How many employees does 91mobiles have?
As of Apr 10, 2024, the latest employee count at 91mobiles is 104.
What is the annual revenue of 91mobiles?
Annual revenue of 91mobiles is $4.61M as on Mar 31, 2023.
What does 91mobiles do?
Founded in 2012 in Delhi, India, a price comparison portal for consumer electronics is provided by the company. Operations focus on mobiles, tablets, gadgets, cameras, accessories, home appliances, and laptops. Prices and features across brands such as Apple and Samsung are compared by users. Associations with platforms like eBay, Amazon, and AliExpress are maintained to support the catalog.
Who are the top competitors of 91mobiles?
91mobiles's top competitors include Inmya, MobPrice and theklicker.
How many acquisitions has 91mobiles made?
91mobiles has made 1 acquisition, including Pricebaba.
Who are 91mobiles's investors?
91mobiles has 13 investors. Key investors include India Quotient, ITIAN, Balaji Web, Raju Mittal, and Nitesh Kriplani.
What is 91mobiles's valuation?
The valuation of 91mobiles is $4.71M as of Aug 2015.