About magicpin
magicpin is a company based in Gurugram (India) founded in 2015 by Naman Mawandia and Brij Bhushan. magicpin has raised $105.82 million across 13 funding rounds from investors including Zomato, Lightspeed Venture Partners and Hindustan Media Ventures. The company has 414 employees.
- Headquarter Gurugram, India
- Employees 414
- Founders Naman Mawandia, Brij Bhushan
- SectorsConsumerRetail Technology
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Website magicpin.in
- Social LinkedIn X Facebook Instagram
- Legal Name Samast Technologies Private Limited
- Date of Incorporation 25 May, 2015
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹880 Cr
FY 2024 · +180% YoY
- Net Loss-₹107 Cr
FY 2024 · -12% margin
- EBITDA-₹105 Cr
FY 2024 · -12% margin
- Total Equity Funding$105.82M (USD)
in 13 rounds
- Latest Funding Round$1.62M (USD), Debt – Venture
Apr 2026
- InvestorsZomato
& 30 more
- Employee Count414
Associated legal entities of magicpin
magicpin operates through Samast Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Samast Technologies Private Limited CIN U74140HR2015PTC073829 | Active | 25 May 2015 | Gurgaon, Haryana | ₹880 Cr | 414 | 3 | View details |
Apps and channels of magicpin
magicpin publishes 1 mobile app with over 10M+ downloads.
Funding Insights of magicpin
magicpin has successfully raised a total of $105.82M across 13 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $1.62 million completed in April 2026. 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 $105.82M
- Total Rounds 13
- Last Round Debt – Venture — $1.62M
- First Round $3M
(Aug 2015)
- Investors Count 31
Latest 10 of 13 funding rounds of magicpin 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 |
|---|---|---|---|---|---|
| Apr 2026 | $1.62M | Debt – Venture | – | – | |
| Mar 2025 | $700,299 | Series D | – | Hindustan Media Ventures | – |
| Nov 2024 | $474,404 | Angel Round | – | Vivek Gambhir | – |
| Jan 2022 | $212,626 | Angel Round | – | Abhinav Sinha, Deepak Jain | |
| Nov 2021 | $60M | Series D | – | Zomato | |
| Sep 2021 | $3M | Series D | – | Lightspeed India, Lightspeed Venture Partners | |
| Aug 2021 | $174,863 | Angel Round | – | Prashant Sarin, Suraj Saharan | – |
| May 2021 | $111,185 | Series D | – | Trifecta Capital | – |
| Jul 2020 | $7M | Series D | – | Samsung Venture Investment | |
| May 2020 | $3.91M | Series C | – | MoonStone Investments, The Bunting Family Private Fund |
31 investors in total: 16 institutional and 15 angel.
Investors in magicpin
magicpin has secured backing from 31 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Zomato, Lightspeed Venture Partners and Hindustan Media Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Single family office investing in multiple sectors | – | thebuntingfamilyprivatefund.tcc.mode | Cockeysville, United States | |
Venture capital investing in innovative startups across technology sectors. | 2008 | lsip.com | Bengaluru, India | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Private debt and equity funds are managed for technology sectors. | – | trifectacapital.in | Gurugram, India | |
Venture capital investments are made in promising startups. | 1999 | samsungventure.co.kr | Seocho, South Korea | |
Early-stage tech investments are focused on by WaterBridge in India. | – | waterbridge.vc | Delhi, India | |
Venture capital investments are directed toward startups. | – | buntingfamily.tcc.mode | - | |
Investment services are provided for maximizing gains over time. | – | vycapital.com | Menlo Park, United States | |
- | – | strideventures.global | - | |
Provides unbiased investment management and financial planning services to clients. | 2008 | moonstoneasset.com | Northbrook, United States |
Investor details for magicpin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Samast Technologies Private Limited (magicpin)
Samast Technologies Private Limited is the primary company behind magicpin. The board of Samast Technologies Private Limited currently have 3 directors; the longest-serving is Anshoo Sharma, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anshoo Sharma DIN 03613435 | Director | 25 May 2015 | 11 yrs 4 mo | Samast Technologies Private Limited |
| Bejul Somaia DIN 00059201 | Director | 21 Aug 2015 | 11 yrs 1 mo | Samast Technologies Private Limited |
| Vivek Gambhir DIN 06527810 | Director | 18 Dec 2018 | 7 yrs 9 mo | Samast Technologies Private Limited |
People of magicpin
61 people are tracked at magicpin (22 in leadership, 39 in team); the tracked headcount is 414.
| Name | Role | Group |
|---|---|---|
Naman Mawandia | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Abhishek Awasthi | Vice President | Leadership |
Ram Avtar | General Manager | Leadership |
| Co-founder & CEO | Leadership | |
Yash Chopra | Vice President - Business | Leadership |
Antriksh V. | Sales Head | Leadership |
Chunky Shah | VP, Corp Dev & Finance | Leadership |
Aniket Shuka | VP, Large Enterprises | Leadership |
Suyash Jaiswal | Director - Brands | Leadership |
Arpit Pandey | Director | Leadership |
Ankita Tuli | General Manager - Brand & Marketing | Leadership |
Umang Agarwal | Associate Director, Design | Leadership |
Rajwinder Singh | Assistant Vice President | Leadership |
Madhav Sharma | Creative Head | Leadership |
Anand Shahi | General Manager | Leadership |
Aniket Shukla | Vice President - Business & Monetization | Leadership |
Gandharv Madan | VP - Product & Revenue | Leadership |
Fatema Chhatriwala | City Head | Leadership |
Sachin Tiwari | Head Of Human Resources | Leadership |
41 more people are available in the full profile.
Complete people profiles for magicpin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of magicpin
Figures of Samast Technologies Private Limited, the primary company behind magicpin, for FY 2024. Revenue was ₹880 Cr (+180% year on year). Net loss was -₹107 Cr (-12% margin). EBITDA was -₹105 Cr (-12% margin). Revenue has grown at a compounded annual rate of +81% over three years and +60% over five years.
- ₹880 CrRevenue · FY 2024 · +180% YoY
- -₹107 CrNet loss · -12% margin
- -₹105 CrEBITDA · -12% margin
- ₹23.8 LakhPaid-up capital
- 414Employees (provident fund records)
- +81%Revenue CAGR, 3 years
- +60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Samast Technologies Private Limited are on its company page.
Detailed financial statements for magicpin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of magicpin
3 dated milestones of magicpin across 11 years, from founding to its latest funding, stage changes and deals.
- Founded magicpin is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Debt – Venture, of $1.6M.
Web traffic of magicpin
The website of magicpin (magicpin.in) receives about 1.9M visits a month and ranks #28,774 among all websites worldwide, #819 in Restaurants and Delivery.
- Monthly visits1.9M
▼ 5.9% vs previous month
- Unique visitors1.2M
per month
- Global rank#28,774
among all websites
- Category rank#819
Food and Drink · Restaurants and Delivery
- Bounce rate52%
- Pages per visit3.1
- Average visit4 min 19 sec
- DevicesDesktop 22% · Mobile 78%
Websites whose visitors overlap most with magicpin. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zomato.com | 100% | 17.2M | #2,861 | View details | |
| eazydiner.com | 87% | 1.2M | #43,640 | View details | |
| swiggy.com | 85% | 21.3M | #1,566 | View details | |
| restaurant-guru.in | 81% | 680.7K | #193,134 | View details | |
| livetableapp.com | 73% | – | #214,248 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for magicpin
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Magicpin
Complete news archive for magicpin
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to magicpin
10 companies that operate in the same segment as magicpin (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 | |
Online platform for discovering restaurants and booking tables | 2011 | Singapore, Singapore | USD 39.76 M | USD 17.66 M | – |
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Frequently Asked Questions about magicpin
magicpin was founded in 2015.
magicpin is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
magicpin is a funded company, having raised a total of $105.82M across 13 funding rounds to date. The company's 1st funding round was a Series C of $3.91M, raised on Aug 2015.
magicpin has 414 employees.
The primary company behind magicpin, Samast Technologies Private Limited, reported revenue of ₹880 Cr for FY 2024, up 180% year on year.
Magicpin was founded in 2015 and is headquartered in Gurugram, India. An online platform is operated to connect users with nearby offers in dining, shopping, entertainment, and services through digital listings. Personalized recommendations are provided, and engagement is incentivized via reward programs. Operations focus on the Indian market, facilitating access to local experiences and deals.
magicpin has 31 investors. Key investors include Zomato, Lightspeed Venture Partners, Hindustan Media Ventures, Lightspeed India, and Samsung Venture Investment.
magicpin operates through Samast Technologies Private Limited.
The legal entities of magicpin currently have 3 directors, including Bejul Somaia, Anshoo Sharma, Vivek Gambhir.
Yes. magicpin publishes magicpin:Food Delivery, Dining, with over 10 million downloads.
The website of magicpin receives about 1.9 million visits a month and ranks #28,774 among all websites worldwide.