About Magicwant
It operates as a SaaS and B2B. Magicwant offers products and services including Magicwant Platform, Omnichannel Sales Feature, and Inventory Management Tool.
- SectorsRetailConsumer
- Website magicwant.com
- Legal Name Foonza Media Pvt. Ltd.
- Date of Incorporation 18 Mar, 2008
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.07 Cr
FY 2024 · -11% YoY
- Net Loss-₹15.5 Lakh
FY 2024 · -15% margin
- EBITDA-₹11.8 Lakh
FY 2024 · -11% margin
Associated legal entities of Magicwant
Magicwant operates through Foonza Media 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 |
|---|---|---|---|---|---|---|---|
| Foonza Media Private Limited CIN U92142KA2008PTC045651 | Active | 18 Mar 2008 | Bangalore, Karnataka | ₹1.1 Cr | – | 3 | View details |
Products & Services of Magicwant
Magicwant offers a comprehensive portfolio of products and services, including Magicwant Platform, Omnichannel Sales Feature, and Inventory Management Tool.
All-in-one tool for order and inventory management in retail.
Unifies online and offline sales for seamless business operations.
Tracks stock levels in real-time to prevent shortages.
Board of directors of Foonza Media Private Limited (Magicwant)
Foonza Media Private Limited is the primary company behind Magicwant. The board of Foonza Media Private Limited currently have 3 directors; the longest-serving is Biju Baby, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Biju Baby DIN 01912226 | Director | 18 Mar 2008 | 18 yrs 6 mo | Foonza Media Private Limited |
| Joshi Padiyara Jose DIN 02051595 | Director | 18 Mar 2008 | 18 yrs 6 mo | Foonza Media Private Limited |
| Nithin Kayalot Variyam DIN 07778168 | Director | 29 Mar 2017 | 9 yrs 6 mo | Foonza Media Private Limited |
Financials of Magicwant
Figures of Foonza Media Private Limited, the primary company behind Magicwant, for FY 2024. Revenue was ₹1.07 Cr (-11% year on year). Net loss was -₹15.5 Lakh (-15% margin). EBITDA was -₹11.8 Lakh (-11% margin). Revenue has grown at a compounded annual rate of +25% over three years and +17% over five years.
- ₹1.07 CrRevenue · FY 2024 · -11% YoY
- -₹15.5 LakhNet loss · -15% margin
- -₹11.8 LakhEBITDA · -11% margin
- ₹1 LakhPaid-up capital
- +25%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Foonza Media Private Limited are on its company page.
Detailed financial statements for Magicwant
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.
Similar companies to Magicwant
10 companies that operate in the same segment as Magicwant (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | – | – | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | – | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Finland | USD 816.41 M | – | – |
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Frequently Asked Questions about Magicwant
The primary company behind Magicwant, Foonza Media Private Limited, reported revenue of ₹1.07 Cr for FY 2024, down 11% year on year.
Magicwant is a cloud-based platform that streamlines operations for food and beverage as well as retail businesses by unifying order management, inventory tracking, and omnichannel sales. It provides real-time insights and easy digitization without extra hardware. Based in Bengaluru, India, and Cheshire, England, it empowers entrepreneurs with simple, pay-as-you-go pricing and features like customer engagement tools. The platform focuses on reducing costs and enhancing control through intuitive interfaces.
Magicwant offers Magicwant Platform, Omnichannel Sales Feature, and Inventory Management Tool.
Magicwant operates through Foonza Media Private Limited.
The legal entities of Magicwant currently have 3 directors, including Nithin Kayalot Variyam, Biju Baby, Joshi Padiyara Jose.