About Localbanya
Localbanya is a company based in Mumbai (India) founded in 2012 by Rashi Choudhary, Amit Naik, and Karan Mehrotra. It operates as a B2C. Localbanya has raised $5 million across 3 funding rounds from investors including Shrem, Karmvir Group and Brand Capital. The company has 1 employees as of March 31, 2015. Localbanya offers products and services including Slot Games Platform and Gaming Interface. Localbanya operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Mumbai, India
- Employees 1 as on 31 Mar, 2015
- Founders Rashi Choudhary, Amit Naik, Karan Mehrotra
- Stage Unicorn
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Sectors
TechnologyConsumer
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Phone
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Website
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Social
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- Legal Name Mn&C Supply Links Retail Private Limited
- Date of Incorporation 22 Aug, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.84 M (USD)138.12as on Mar 31, 2015
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Net Profit
-$2.23 M (USD)-339.04as on Mar 31, 2015
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EBITDA
-$2.14 M (USD)-335.28as on Mar 31, 2015
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Total Equity Funding
$5 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Shrem
& 2 more
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Employee Count
1
as on Mar 31, 2015
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Products & Services of Localbanya
Localbanya offers a comprehensive portfolio of products and services, including Slot Games Platform and Gaming Interface.
Platform for playing slot games with daily winning pattern updates
User interface for HD graphics on mobile and PC devices
Funding Insights of Localbanya
Localbanya has successfully raised a total of $5M across 3 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.
Investors in Localbanya
Localbanya has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Shrem, Karmvir Group and Brand Capital.
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Investments in early-stage startups are made by Brand Capital.
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Develops innovative technologies for affordable homes and residential buildings.
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Real estate development company focusing on residential and commercial projects in India.
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Investor details for Localbanya
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Investments & Acquisitions by Localbanya
Investment portfolio details for Localbanya
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Financial Statements - Localbanya
Detailed financials for Localbanya
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Localbanya Comparisons
Peer comparison for Localbanya
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Competitors of Localbanya
Localbanya 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 Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
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Instant delivery of groceries and essentials is facilitated online.
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Personal and household products are delivered via an e-commerce platform.
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Food and grocery items are ordered via an online network.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of Localbanya
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Latest news on Localbanya
Complete news archive for Localbanya
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Frequently Asked Questions about Localbanya
Localbanya was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Localbanya is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Karan Mehrotra is the current CEO of Localbanya. They have also founded this company.
Localbanya is a funded company, having raised a total of $5M across 3 funding rounds to date.
As of Mar 31, 2015, the latest employee count at Localbanya is 1.
Annual revenue of Localbanya is $2.84M as on Mar 31, 2015.
MWIN328 operates as an online gaming site targeting players in Indonesia, providing slot games with high-definition graphics and daily updates on winning patterns. It offers features like minimum deposits, fast processing, and 247 support through a user-friendly interface on mobile and PC devices. The platform emphasizes security and quick withdrawals, serving individual gamers seeking entertainment and potential earnings.
Localbanya offers Slot Games Platform and Gaming Interface.
Localbanya has 3 investors. Key investors include Shrem, Karmvir Group, and Brand Capital.
The valuation of Localbanya is $1B as of Mar 2015.