Instamojo

Bengaluru, India Founded: 2012 • Age: 14 yrs
eCommerce website and payment solutions are provided for D2C businesses.
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About Instamojo

Instamojo is a company based in Bengaluru (India) founded in 2012 by Ankur Sharma, Sampad Swain, Aditya Sengupta, Akash Gehani, and Harshad Sharma.. Instamojo has raised $12.25 million across 9 funding rounds from investors including Mastercard, Times Internet and The Base. Instamojo has completed 2 acquisitions, including GetMeAShop and Showman. Instamojo offers products and services including Online Store Setup, Payment Gateway, Shipping Analytics, and CRM Integration. Instamojo operates in a competitive market with competitors including Shopify, Stripe, Razorpay, Flutterwave and PayU, among others.

  • Headquarter Bengaluru, India
  • Founders Ankur Sharma, Sampad Swain, Aditya Sengupta, Akash Gehani, Harshad Sharma
  • Sectors
    Technology
    Retail Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Retail → E-Commerce Technology & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.25 M (USD)

    in 9 rounds

  • Latest Funding Round
  • Investors
    Mastercard

    & 12 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    GetMeAShop

    & 1 more

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Products & Services of Instamojo

Instamojo offers a comprehensive portfolio of products and services, including Online Store Setup, Payment Gateway, Shipping Analytics, and CRM Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for creating and customizing online stores for businesses

Secure system for processing online transactions and payments

Features for managing and tracking shipping operations

System to handle customer relationships and data analytics

People of Instamojo
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Sushma Arani
Director of Product Management
People
Anusha Udoshi
Sr. Product Consultant - Service Delivery
People
Chayanika Goswami
Director- Marketing and Communications
People
Jagan Baskaran
Team Lead - Risk And Compliance

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Funding Insights of Instamojo

Instamojo has successfully raised a total of $12.25M across 9 strategic funding rounds. 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 Rounds 9
  • Last Round
  • First Round
  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series C - Instamojo Valuation

investors

Nov, 2020 Amount Series B - Instamojo Valuation Gunosy Capital , BASE
Mar, 2020 Amount Series B - Instamojo Valuation Times Internet
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Instamojo

Instamojo has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mastercard, Times Internet and The Base. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Limited information is provided about Gunosy Capital's activities.
Founded Year Domain Location
Investments in early-stage technology companies are made by Kalaari Capital.
Founded Year Domain Location
Early-stage venture capital fund
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Instamojo

Instamojo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GetMeAShop and Showman. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Virtual theatre platform is operated to deliver online performances.
2019
SaaS platform for SMBs' online presence and monetization is provided.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Instamojo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Instamojo Comparisons

Employees
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Competitors of Instamojo

Instamojo 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 Shopify, Stripe, Razorpay, Flutterwave and PayU, 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
E-commerce storefront solutions are provided for online businesses.
domain founded_year HQ Location
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
Payment and business banking solutions are provided for enterprises.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
Payment issuance and processing solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Instamojo

Frequently Asked Questions about Instamojo

When was Instamojo founded?

Instamojo was founded in 2012.

Where is Instamojo located?

Instamojo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Instamojo?

Sampad Swain is the current CEO of Instamojo. They have also founded this company.

Is Instamojo a funded company?

Instamojo is a funded company, having raised a total of $12.25M across 9 funding rounds to date.

What does Instamojo do?

Instamojo was founded in 2012 in Bengaluru, India, within the eCommerce sector. Website building and payment solutions are delivered to direct-to-consumer businesses. Online stores and landing pages can be created using provided tools, with integrations for multiple payment methods. Shipping management, analytics, and customer relationship management features are incorporated. Support is extended for online setup and operations, alongside domain registration and hosting services.

Who are the top competitors of Instamojo?

Instamojo's top competitors include Shopify, Stripe and Razorpay.

What products or services does Instamojo offer?

Instamojo offers Online Store Setup, Payment Gateway, Shipping Analytics, and CRM Integration.

How many acquisitions has Instamojo made?

Instamojo has made 2 acquisitions, including GetMeAShop, and Showman.

Who are Instamojo's investors?

Instamojo has 13 investors. Key investors include Mastercard, Times Internet, The Base, Gunosy Capital, and AnyPay.

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