About MagicMarket
MagicMarket is a company based in Chennai (India) founded in 2014 by Arvindh Arul and Madhu Balan. It operates as a B2C. MagicMarket operates in a competitive market with competitors including BucketBolt, BookMafiya, Backbenchers Online, Web Book Hub and Madbooks, among others.
- Headquarter Chennai, India
- Founders Arvindh Arul, Madhu Balan
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of MagicMarket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by MagicMarket
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MagicMarket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magicmarket Comparisons
Competitors of MagicMarket
MagicMarket 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 BucketBolt, BookMafiya, Backbenchers Online, Web Book Hub and Madbooks, 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 |
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| domain | founded_year | HQ Location |
Operates a marketplace platform for buying and selling university textbooks.
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| domain | founded_year | HQ Location |
Online platform for buying new, old, and second-hand books at low rates.
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| domain | founded_year | HQ Location |
Books are bought and sold via an online platform.
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| domain | founded_year | HQ Location |
Operates a digital platform for buying and selling books online.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for second-hand books.
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| domain | founded_year | HQ Location |
Operates a digital platform for buying, selling, and renting new and used books.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MagicMarket
When was MagicMarket founded?
MagicMarket was founded in 2014.
Where is MagicMarket located?
MagicMarket is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
What does MagicMarket do?
MagicMarket, established in 2014 and currently in Dissolved stage, focuses on engaging in retail operations, operating online marketplaces, book sales, and used textbooks. An online store specializing in the sale of used textbooks to customers. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of MagicMarket?
MagicMarket's top competitors include Backbenchers Online, BookMafiya and BucketBolt.