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 as of October 18, 2024.
- Headquarter Gurugram, India
- Employees 414 as on 18 Oct, 2024
- Founders Naman Mawandia, Brij Bhushan
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Sectors
ConsumerRetail Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Samast Technologies Private Limited
- Date of Incorporation 25 May, 2015
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$37.82 M (USD)31.4as on Mar 31, 2023
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Net Profit
-$13.74 M (USD)21.18as on Mar 31, 2023
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EBITDA
-$15.52 M (USD)14.18as on Mar 31, 2023
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Total Equity Funding
$105.82 M (USD)
in 13 rounds
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Latest Funding Round
$1.62 M (USD), Debt – Venture
Apr 09, 2026
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Investors
Zomato
& 30 more
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Employee Count
414
as on Oct 18, 2024
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People of magicpin
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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.
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 |
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Single family office investing in multiple sectors
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Venture capital investing in innovative startups across technology sectors.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for magicpin
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Investments & Acquisitions by magicpin
Investment portfolio details for magicpin
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Financial Statements - magicpin
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Magicpin Comparisons
Peer comparison for magicpin
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Competitors of magicpin
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Latest news on Magicpin
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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.
As of Oct 18, 2024, the latest employee count at magicpin is 414.
Annual revenue of magicpin is $37.82M as on Mar 31, 2023.
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.