About InstaCash
InstaCash is a company based in Jaipur (India) founded in 2017 by Prateek Goel and Dixit Singhvi. InstaCash has raised $687.11 thousand across 4 funding rounds from investors including CompAsia, George Nordin Hashim and Bhawani Singh Rajawat. The company has 9 employees as of April 04, 2024. InstaCash offers products and services including InstaCash Platform, Smartphone Diagnostic App, and Pickup Service. InstaCash operates in a competitive market with competitors including Yaantra, ControlZ, Grest, MobiGarage and ORUphones, among others.
- Headquarter Jaipur, India
- Employees 9 as on 04 Apr, 2024
- Founders Prateek Goel, Dixit Singhvi
- 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 Instant Consumer Tech Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$12.18 M (USD)1.54as on Mar 31, 2023
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Net Profit
$240.33 K (USD)4.67as on Mar 31, 2023
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EBITDA
$411.72 K (USD)4.76as on Mar 31, 2023
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Total Equity Funding
$687.11 K (USD)
in 4 rounds
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Latest Funding Round
$25.92 K (USD), Angel Round
Nov 19, 2019
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Investors
CompAsia
& 4 more
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Employee Count
9
as on Apr 04, 2024
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Products & Services of InstaCash
InstaCash offers a comprehensive portfolio of products and services, including InstaCash Platform, Smartphone Diagnostic App, and Pickup Service.
Online tool for quoting and selling old smartphones with secure pickup
App for assessing device condition and generating buyback offers
Free home-based service for device collection and payment
Funding Insights of InstaCash
InstaCash has successfully raised a total of $687.11K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $25.92 thousand completed in November 2019. 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.
Investors in InstaCash
InstaCash has secured backing from 5 investors, including angel and institutional investors. Prominent investors backing the company include CompAsia, George Nordin Hashim and Bhawani Singh Rajawat.
| Investor | Description | Founded Year | Domain | Location |
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Used devices are bought, sold, traded, subscribed, and protected.
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George Nordin Hashim |
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Bhawani Singh Rajawat |
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Investor details for InstaCash
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by InstaCash
Investment portfolio details for InstaCash
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - InstaCash
Detailed financials for InstaCash
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Instacash Comparisons
Peer comparison for InstaCash
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of InstaCash
InstaCash 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 Yaantra, ControlZ, Grest, MobiGarage and ORUphones, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Second-hand smartphones and accessories are sold through an online platform.
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Second-hand mobiles and accessories are retailed online.
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Refurbished premium smartphones are offered via an online platform.
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Online second-hand platform offering refurbished mobile phones
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Online platform connecting users for secure transactions of second-hand mobile phones.
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Detailed competitors of InstaCash
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Instacash
Complete news archive for InstaCash
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- Full article archive
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Frequently Asked Questions about InstaCash
InstaCash was founded in 2017.
InstaCash is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Prateek Goel is the current CEO of InstaCash. They have also founded this company.
InstaCash is a funded company, having raised a total of $687.11K across 4 funding rounds to date.
As of Apr 04, 2024, the latest employee count at InstaCash is 9.
Annual revenue of InstaCash is $12.18M as on Mar 31, 2023.
InstaCash was founded in 2017 in Jaipur, India, as an online platform in the consumer electronics sector. Pre-owned smartphones are evaluated through user-submitted details on model and condition, with price quotes generated accordingly. Operations are supported by an Android mobile application, facilitating the buy-back process for users across the region.
InstaCash's top competitors include Yaantra, Grest and MobiGarage.
InstaCash offers InstaCash Platform, Smartphone Diagnostic App, and Pickup Service.
InstaCash has 5 investors. Key investors include CompAsia, George Nordin Hashim, Bhawani Singh Rajawat, Krishan Gopal Gujar, and Jayakumar S Babu.
The valuation of InstaCash is $1.91M as of Nov 2019.