About Localbanya
Localbanya was a Technology company based in Mumbai (India) founded in 2012 by Rashi Choudhary, Amit Naik, and Karan Mehrotra. Online platform offering slot games and daily winning pattern updates for users. It operates on a B2C model in Technology and Consumer sectors. Localbanya has raised $5 million across 3 funding rounds from investors including Shrem, Karmvir Group and Brand Capital. The company has 1 employees. Localbanya was last valued at $1 billion in March 2015. Its chief executive, as recorded, is Karan Mehrotra. Its Indian entity Mn&C Supply Links Retail Private Limited reported revenue of ₹18.77 Cr. The company is recorded as dissolved. Localbanya offers products and services including Slot Games Platform and Gaming Interface. Its focus areas include Gaming Tech, Digital Platforms, Mobile and PC Gaming and Entertainment Tech. Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 1
- Founders Rashi Choudhary, Amit Naik, Karan Mehrotra
- SectorsTechnologyConsumer
- Website localbanya.com
- Social X Facebook
- Legal Name Mn&C Supply Links Retail Private Limited
- Date of Incorporation 22 Aug, 2012
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹18.77 Cr
FY 2015 · +138% YoY
- EBITDA-₹14.06 Cr
FY 2015 · -75% margin
- Total Equity Funding$5M (USD)
in 3 rounds
- InvestorsShrem
& 2 more
- Employee Count1
Associated legal entities of Localbanya
Localbanya operates through Mn&C Supply Links Retail Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mn&C Supply Links Retail Private Limited CIN U52190MH2012PTC234757 | Strike Off | 22 Aug 2012 | Mumbai, Maharashtra | ₹18.8 Cr | 2 | View details |
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.
- Total Funding $5M
- Total Rounds 3
- Investors Count 3
All 3 funding rounds of Localbanya 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 |
|---|---|---|---|---|---|
| Mar 2015 | Series B | $1B | – | ||
| Jan 2014 | $5M | Series A | – | – | |
| Jul 2013 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2015 | $1B | •••••••• |
Last known valuation $1B (Mar 2015). 3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Develops innovative technologies for affordable homes and residential buildings. | 2011 | shrem.in | Mumbai, India | |
Real estate development company focusing on residential and commercial projects in India. | 2014 | karmvirgroup.in | Mumbai, India |
Investor details for Localbanya
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Mn&C Supply Links Retail Private Limited (Localbanya)
Mn&C Supply Links Retail Private Limited is the primary company behind Localbanya. The board of Mn&C Supply Links Retail Private Limited currently have 2 directors; the longest-serving is Karan Rajan Mehrotra, appointed in 2012. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karan Rajan Mehrotra DIN 05327835 | Managing Director | 22 Aug 2012 | 14 yrs 2 mo | Mn&C Supply Links Retail Private Limited |
| Amit Pyareraj Naik DIN 05327824 | Director | 29 Sep 2014 | 12 yrs 1 mo | Mn&C Supply Links Retail Private Limited |
People of Localbanya
3 people are tracked at Localbanya (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, COO | Leadership | |
| Co-Founder, CTO | Leadership | |
| Co-Founder, CEO | Leadership |
Complete people profiles for Localbanya
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Financials of Localbanya
Figures of Mn&C Supply Links Retail Private Limited, the primary company behind Localbanya, for FY 2015. Revenue was ₹18.77 Cr (+138% year on year). EBITDA was -₹14.06 Cr (-75% margin).
- ₹18.77 CrRevenue · FY 2015 · +138% YoY
- -₹14.06 CrEBITDA · -75% margin
- ₹4.62 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mn&C Supply Links Retail Private Limited are on its company page.
Detailed financial statements for Localbanya
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Localbanya
4 dated milestones of Localbanya across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Localbanya is founded.
- Funding First funding round.
- Funding Latest funding round, Series B,.
- Milestone Reaches Unicorn status.
Competitors of Localbanya
Localbanya has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed competitors of Localbanya
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- Full competitor set
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Web traffic of Localbanya
Websites that share an audience with Localbanya (localbanya.com).
Websites whose visitors overlap most with Localbanya. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chennaionlinegrocery.com | 100% | View details | |||
| aaramshop.com | 94% | View details | |||
| grocerygateway.com | 92% | View details | |||
| eztrolley.com | 92% | View details | |||
| bigbasket.com | 71% | 9.8M | #5,398 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Localbanya
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- 8 similar websites
- Audience overlap
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Related news about 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 CEO of Localbanya, as recorded in our data. They have also founded this company.
Localbanya is a funded company, having raised a total of $5M across 3 funding rounds to date.
Localbanya has 1 employees.
The primary company behind Localbanya, Mn&C Supply Links Retail Private Limited, reported revenue of ₹18.77 Cr for FY 2015, up 138% year on year.
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.
Localbanya operates through Mn&C Supply Links Retail Private Limited.