About CrownIt
CrownIt is a Technology company based in Gurugram (India) founded in 2014 by Puja Jhamb Grover, and was acquired by Ipsos in May 2024. Cashback and rewards are provided via an app-based platform. CrownIt has raised $17.58 million across 11 funding rounds from investors including Ipsos, Accel and Whiteboard Capital. The company has 94 employees. CrownIt was last valued at $15.37 million in February 2019. Its website crownit.in draws about 683 thousand monthly visits. Its Indian entity Goldvip Technology Solutions Private Limited reported revenue of ₹9.35 Cr. Its focus areas include Enterprise Applications, MarketingTech, Marketing Research and Consumer Insights.
Company details
CrownIt was founded in 2014 in Gurugram, India, as an app-based platform in the rewards and cashback sector. Discounts are offered on multi-category products, including those from nearby restaurants, beauty and fitness centers, movie tickets, and shopping outlets. The mobile application is accessible to Android and iOS users, facilitating transactions across these services.
- Headquarters Gurugram, India
- Employees 94
- Founders Puja Jhamb Grover
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website crownit.in
- Social LinkedIn X Facebook
- Acquired by Ipsos (May 2024)
- Legal Name Goldvip Technology Solutions Private Limited
- Date of Incorporation 03 Mar, 2014
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of CrownIt
CrownIt operates through Goldvip Technology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Goldvip Technology Solutions Private Limited CIN U74999DL2014PTC265701 | Active | 03 Mar 2014 | New Delhi, Delhi | ₹9.4 Cr | 94 | 2 | View details |
Funding Insights of CrownIt
CrownIt has successfully raised a total of $17.58M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $252.66 thousand completed in September 2022. 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 $17.58M
- Total Rounds 11
- Last Round Series B — $252,657
- First Round $42,806
(May 2014)
- Investors Count 29
Latest 10 of 11 funding rounds of CrownIt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $252,657 | Series B | – | – | – |
| Sep 2021 | $591,491 | Series B | – | Mynavi | – |
| Nov 2020 | $1.85M | Series C | – | Accel, GROWMORE Group | |
| Mar 2020 | $431,149 | Series C | – | Milestone Trusteeship Services | |
| Feb 2019 | $1.97M | Series C | $15.37M | Accel | |
| Dec 2017 | $2.34M | Series B | $12.88M | Mynavi | |
| May 2016 | $4.25M | Series B | $••••• | Spiral Ventures, Accel | |
| May 2015 | $5.5M | Series A | $••••• | Accel, Helion Venture Partners | – |
| Feb 2015 | $151,239 | Seed | $••••• | Pcl Software India | |
| Sep 2014 | $199,187 | Seed | $••••• | Pcl Software India |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2019 | $15.37M | •••••••• |
| Dec 2017 | $12.88M | •••••••• |
| May 2016 | $••••• | •••••••• |
| May 2015 | $••••• | •••••••• |
| Feb 2015 | $••••• | •••••••• |
| Sep 2014 | $••••• | •••••••• |
Full valuation and stage history of CrownIt
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $15.37M (Feb 2019). 30 investors in total: 10 institutional and 20 angel.
Investors in CrownIt
CrownIt has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ipsos, Accel and Whiteboard Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Early to late-stage venture capital is invested in Indian sectors. | helionvc.com | Gurugram, India | ||
Venture capital firm focusing on technology investments in Southeast Asia and India. | 2013 | spiral-ventures.com | Singapore, Singapore | |
Investment support is provided to startups by Whiteboard Capital. | 2017 | whiteboardcap.com | Mumbai, India | |
Functions as a professional investment management firm. | 2008 | milestonetrustee.in | Mumbai, India | |
HR consulting services are provided to businesses in Japan. | mynavi.jp | Chiyoda City, Japan | ||
Limited details are provided on Wgg International Limited's operations. | ||||
Online market research data is delivered for diverse sectors. | 1975 | ipsos.com | Paris, France | |
AB Arindam Bhattacharjee | Angel investor and entrepreneur, focused on tech startups in India. | unknown_3fd8b208666141869 |
Investor details for CrownIt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Goldvip Technology Solutions Private Limited (CrownIt)
Goldvip Technology Solutions Private Limited is the primary company behind CrownIt. The board of Goldvip Technology Solutions Private Limited currently have 2 directors; the longest-serving is Sameer Grover, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sameer Grover DIN 03341349 | Director | 03 Mar 2014 | 12 yrs 8 mo | Goldvip Technology Solutions Private Limited |
| Mahender Kumar DIN 10164955 | Director | 01 Jun 2023 | 3 yrs 5 mo | Goldvip Technology Solutions Private Limited |
People of CrownIt
1 people are tracked at CrownIt (1 in leadership); the tracked headcount is 94.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for CrownIt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of CrownIt
Figures of Goldvip Technology Solutions Private Limited, the primary company behind CrownIt, for FY 2025. Revenue was ₹9.35 Cr (-29% year on year). Net profit was ₹3.28 Cr (35% margin). EBITDA was ₹3.29 Cr (35% margin). Revenue has grown at a compounded annual rate of -23% over three years and +2% over five years.
- ₹9.35 CrRevenue · FY 2025 · -29% YoY
- ₹3.28 CrNet profit · 35% margin
- ₹3.29 CrEBITDA · 35% margin
- ₹39.8 LakhPaid-up capital
- 94Employees (provident fund records)
- -23%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Goldvip Technology Solutions Private Limited are on its company page.
Detailed financial statements for CrownIt
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of CrownIt
5 dated milestones of CrownIt across 10 years, from founding to its latest funding, stage changes and deals.
- Founded CrownIt is founded.
- Funding First funding round of $43K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $253K.
- Exit Acquired by Ipsos.
Web traffic of CrownIt
The website of CrownIt (crownit.in) receives about 682.9K visits a month.
- Monthly visits682.9K
▲ 100.1% vs previous month
Websites whose visitors overlap most with CrownIt. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tambola.fun | 100% | #1,567,802 | View details |
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Related news about Crownit
Complete news archive for CrownIt
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Verified entity values are shown only after access is granted.
Frequently Asked Questions about CrownIt
CrownIt was founded in 2014.
CrownIt is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
CrownIt is a funded company, having raised a total of $17.58M across 11 funding rounds to date. The company's 1st funding round was a Seed of $199.19K, raised on May 2014.
CrownIt has 94 employees.
The primary company behind CrownIt, Goldvip Technology Solutions Private Limited, reported revenue of ₹9.35 Cr for FY 2025, down 29% year on year.
CrownIt was founded in 2014 in Gurugram, India, as an app-based platform in the rewards and cashback sector. Discounts are offered on multi-category products, including those from nearby restaurants, beauty and fitness centers, movie tickets, and shopping outlets. The mobile application is accessible to Android and iOS users, facilitating transactions across these services.
CrownIt has 30 investors. Key investors include Ipsos, Accel, Whiteboard Capital, Spiral Ventures, and Milestone Trustee.
The valuation of CrownIt is $15.37M as of Feb 2019.
CrownIt operates through Goldvip Technology Solutions Private Limited.
Yes. CrownIt was acquired by Ipsos in May 2024.
The legal entities of CrownIt currently have 2 directors, including Mahender Kumar, Sameer Grover.
The website of CrownIt receives about 683 thousand visits a month.