About Daddyspocket
Daddyspocket is a Retail company based in Ernakulam (India) founded in 2014 by Jacob Jose Mattam and Karan Radhakrishnan. Mobile-based app for deal discovery at local offline retail stores. It operates in the Retail and Technology sectors. Daddyspocket has raised $29.93 thousand across 1 funding round from investors including Spark10. The company has 48 employees. Its Indian entity Metric Tree Labs Private Limited reported revenue of ₹7.43 Cr. Its focus areas include Enterprise Applications, MarketingTech, Industry Specific Marketing and Loyalty Software. Its competitors include Capillary Technologies and Loylty Rewardz; 2 of its 2 listed competitors have raised funding.
Company details
Founded in 2014 in Ernakulam, India, Daddyspocket operates as a mobile platform for discovering deals at offline retailers, including restaurants, salons, and fashion outlets. Partnerships are maintained with local shops to list real-time offers and discounts. Cashback is provided through check-ins or bill uploads, redeemable as Pocket Coins for Paytm cash. Operations focus on Kochi as of March 2017.
- Headquarters Ernakulam, India
- Employees 48
- Founders Jacob Jose Mattam, Karan Radhakrishnan
- SectorsRetailTechnology
- Email••••••••
- Website daddyspocket.com
- Social LinkedIn X Facebook
- Legal Name Metric Tree Labs Private Limited
- Date of Incorporation 11 Jun, 2016
- Jurisdiction Palarivattom, Kerala, India
- Annual Revenue₹7.43 Cr
FY 2023 · +31% YoY
- Net Profit₹35.8 Lakh
FY 2023 · 5% margin
- EBITDA₹77.9 Lakh
FY 2023 · 10% margin
- Total Equity Funding$29.93K (USD)
in 1 rounds
- Latest Funding Round$29.93K (USD), Seed
Jul 2016
- Investors
- Employee Count48
Associated legal entities of Daddyspocket
Daddyspocket operates through Metric Tree Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Metric Tree Labs Private Limited CIN U72100KL2016PTC045994 | Active | 11 Jun 2016 | Ernakulam, Kerala | ₹7.4 Cr | 48 | 3 | View details |
Funding Insights of Daddyspocket
Daddyspocket has successfully raised a total of $29.93K through 1 strategic funding round. The most recent funding activity was a Seed round of $29.93 thousand completed in July 2016. 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 $29,928
- Total Rounds 1
- Last Round Seed — $29,928
- First Round $29,928
(Jul 2016)
- Investors Count 1
All 1 funding rounds of Daddyspocket 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 |
|---|---|---|---|---|---|
| Jul 2016 | $29,928 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Daddyspocket
Daddyspocket has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Spark10.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in startups across Fintech, SaaS, and other sectors, with mentorship and funding services provided. | spark10.com |
Investor details for Daddyspocket
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Board of directors of Metric Tree Labs Private Limited (Daddyspocket)
Metric Tree Labs Private Limited is the primary company behind Daddyspocket. The board of Metric Tree Labs Private Limited currently have 3 directors; the longest-serving is Jacob Jose Mattam, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jacob Jose Mattam DIN 06807537 | Director | 11 Jun 2016 | 10 yrs 4 mo | Metric Tree Labs Private Limited |
| George Panamkuzha DIN 06807541 | Director | 11 Jun 2016 | 10 yrs 4 mo | Metric Tree Labs Private Limited |
| Akhil Palanilkkunathil Ashok DIN 07506149 | Director | 11 Jun 2016 | 10 yrs 4 mo | Metric Tree Labs Private Limited |
People of Daddyspocket
2 people are tracked at Daddyspocket (2 in leadership); the tracked headcount is 48.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Karan Radhakrishnan | Co-Founder | Leadership |
Complete people profiles for Daddyspocket
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Financials of Daddyspocket
Figures of Metric Tree Labs Private Limited, the primary company behind Daddyspocket, for FY 2023. Revenue was ₹7.43 Cr (+31% year on year). Net profit was ₹35.8 Lakh (5% margin). EBITDA was ₹77.9 Lakh (10% margin). Revenue has grown at a compounded annual rate of +131% over three years and +140% over five years.
- ₹7.43 CrRevenue · FY 2023 · +31% YoY
- ₹35.8 LakhNet profit · 5% margin
- ₹77.9 LakhEBITDA · 10% margin
- ₹50 LakhPaid-up capital
- 48Employees (provident fund records)
- +131%Revenue CAGR, 3 years
- +140%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Metric Tree Labs Private Limited are on its company page.
Detailed financial statements for Daddyspocket
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Timeline of Daddyspocket
2 dated milestones of Daddyspocket across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Daddyspocket is founded.
- Funding First funding round of $30K.
Competitors of Daddyspocket
Daddyspocket has 2 listed competitors in our database, 2 of them funded. They include Capillary Technologies and Loylty Rewardz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| capillarytech.com | 2008 | Bengaluru, India | $239.1M | AI-powered loyalty management software is offered for enterprises. | ||
| loylty.com | 2006 | Mumbai, India | $28.27M | 288 | Platform offering loyalty and relationship management solutions |
Detailed competitors of Daddyspocket
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Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Daddyspocket (Autonomous & In-Store Retail Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | ||
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Platform powering online and in-store retail operations using AI-driven tools | 2012 | Mumbai, Maharashtra, India | USD 16.02 M | USD 43.86 M | 851 |
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Related news about Daddyspocket
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Frequently Asked Questions about Daddyspocket
Daddyspocket was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Daddyspocket is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.
Daddyspocket is a funded company, having raised a total of $29.93K across 1 funding round to date. The company's 1st funding round was a Seed of $29.93K, raised on Jul 2016.
Daddyspocket has 48 employees.
The primary company behind Daddyspocket, Metric Tree Labs Private Limited, reported revenue of ₹7.43 Cr for FY 2023, up 31% year on year.
Founded in 2014 in Ernakulam, India, Daddyspocket operates as a mobile platform for discovering deals at offline retailers, including restaurants, salons, and fashion outlets. Partnerships are maintained with local shops to list real-time offers and discounts. Cashback is provided through check-ins or bill uploads, redeemable as Pocket Coins for Paytm cash. Operations focus on Kochi as of March 2017.
Daddyspocket's top competitors include Capillary Technologies and Loylty Rewardz.
Daddyspocket has 1 investor. Key investors include Spark10.
Daddyspocket operates through Metric Tree Labs Private Limited.
The legal entities of Daddyspocket currently have 3 directors, including Jacob Jose Mattam, George Panamkuzha, Akhil Palanilkkunathil Ashok.