Mall91

Noida, India Founded: 2018 • Age: 8 yrs Minicorn
Vernacular social commerce solutions are delivered via live video shopping.

About Mall91

Mall91 is a Media & Entertainment company based in Noida (India) founded in 2018 by Anshul Verma. Vernacular social commerce solutions are delivered via live video shopping. It operates in the Media & Entertainment and Retail sectors. Mall91 has raised $8.66 million across 2 funding rounds from investors including Angel List, Wellfound and angel.co. Mall91 has completed 1 acquisition, including StompMarket. Mall91 was last valued at $4.8 million in December 2018. Mall91 offers products and services including Mall91 Platform. Its focus areas include Consumer, Vernacular Platforms, Ecommerce and Rural Ecommerce. Its legal entity in India is Roviri Innovations Private Limited (U74999DL2018PTC337335). Its competitors include DealShare, Rozana and BuyEazzy; 3 of its 3 listed competitors have raised funding.

Company details

Mall91 was established in 2018 in Noida, India, within the social commerce sector. Vernacular solutions are offered, incorporating live video-based shopping experiences. Features such as local language voice recognition and messaging-based checkouts are integrated to support user interactions. Operations emphasize regional language accessibility for e-commerce activities in the Indian market.

  • Headquarters Noida, India
  • Founders Anshul Verma
  • Stage Minicorn
  • Sectors
    Media & Entertainment
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website mall91.com
  • Social LinkedIn X
  • Legal Name Roviri Innovations Private Limited
  • Date of Incorporation 08 Aug, 2018
  • Jurisdiction Delhi, India
Key Metrics
  • Net Loss
    -₹1 Lakh

    FY 2024 · -10452% margin

  • EBITDA
    -₹1 Lakh

    FY 2024 · -10422% margin

  • Total Equity Funding
    $8.66M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.5M (USD), Series A

    Oct 2019

  • Investors
    Angel List

    & 6 more

  • Investments & Acquisitions

Products & Services of Mall91

Mall91 offers a comprehensive portfolio of products and services, including Mall91 Platform.

Mall91 Platform
Online Shopping

E-commerce site for purchasing affordable products.

Funding Insights of Mall91

Mall91 has successfully raised a total of $8.66M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in October 2019. 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 $8.66M
  • Total Rounds 2
  • Last Round Series A β€” $7.5M
  • First Round $1.16M

    (Dec 2018)

  • Investors Count 7

All 2 funding rounds of Mall91 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2019$7.5MSeries A–Go Ventures
Dec 2018$1.16MSeed$4.8MBeenext
Valuation history
DateValuationStage
Dec 2018$4.8Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.8M (Dec 2018). 7 investors in total: 7 institutional.

Investors in Mall91

Mall91 has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Angel List, Wellfound and angel.co.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital fund
beenext.comSingapore, Singapore
Investments in early-stage technology companies are made by Kalaari Capital.
kalaari.comBengaluru, India
Website maintenance and user services are operated by Kstart.
2016kstart.inBengaluru, India
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States
Venture capital fund investment in tech-startups
goventures.tcc.mode
Blockchain development services are provided to various clients.
2010angel.co/bitcoin-opportunity-corpNew York, United States
Alternative investment platform for startups and investors is operated.
2010angellist.comSan Francisco, United States
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Investor details for Mall91

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Board of directors of Roviri Innovations Private Limited (Mall91)

Roviri Innovations Private Limited is the primary company behind Mall91. The board of Roviri Innovations Private Limited currently have 2 directors; the longest-serving is Deepak Kumar Chaudhary, appointed in 2022. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deepak Kumar Chaudhary
DIN 08035782
Director20 Aug 20224 yrs 2 moRoviri Innovations Private Limited
Ashish Kumar Jha
DIN 08126656
Director20 Aug 20224 yrs 2 moRoviri Innovations Private Limited

People of Mall91

12 people are tracked at Mall91 (3 in leadership, 9 in team).

NameRoleGroup
Anshul Verma
Co-FounderLeadership
Nitin Gupta
CEO/Co-FounderLeadership
Deepak Durga
Director Of NetworkingLeadership
Navdeep Agrawal
Sr. Android DeveloperTeam
Mahesh Kumar
Hod-community DevelopmentTeam
Jagat Singh
Top Networker & Team LeaderTeam
Adish Mittal
Operations ManagerTeam
Arshdeep Singh
Sr. Android DeveloperTeam
Karan Verma
Technical LeadTeam
Deeksha Pal
Data AnalystTeam
Himanshu Kumar
Business Network ApplicationTeam
Mohd Akber Dar
Network SpecialistTeam
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Financials of Mall91

Figures of Roviri Innovations Private Limited, the primary company behind Mall91, for FY 2024. Net loss was -₹1 Lakh (-10452% margin). EBITDA was -₹1 Lakh (-10422% margin). Revenue has grown at a compounded annual rate of -77% over five years.

  • -₹1 LakhNet loss · -10452% margin
  • -₹1 LakhEBITDA · -10422% margin
  • ₹1.3 LakhPaid-up capital
  • 338Employees (provident fund records)
  • -77%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Roviri Innovations Private Limited are on its company page.

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Detailed financial statements for Mall91

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  • Downloads

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Investments & Acquisitions by Mall91

Mall91 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include StompMarket.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based inventory management solutions are provided for multi-channel sellers.
stompmarket.comDelhi, India2015Dec 2019β€’β€’β€’β€’
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Complete acquisition details for Mall91

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Timeline of Mall91

5 dated milestones of Mall91 across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mall91 is founded.
  2. Funding First funding round of $1.2M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $7.5M.
  5. Acquisition Acquires StompMarket.

Competitors of Mall91

Mall91 has 3 listed competitors in our database, 3 of them funded. They include DealShare, Rozana and BuyEazzy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dealshare.in2018Bengaluru, India$386.55M276
Online social deal-sharing platform for multi-category products
rozana.in2020Delhi, India$26.5M
Rozana is focused on rural e-commerce in India.
buyeazzy.com2021Delhi, India$5.59M19
App-based group buying platform offering multi-category products
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Detailed competitors of Mall91

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Top companies in Vernacular Platforms

3 companies that operate in the same segment as Mall91 (Vernacular Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform connecting readers and writers, offering digital literature in multiple languages
2014Bengaluru, Karnataka, IndiaUSD 92.65 MUSD 6.84 M162
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K
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Related news about Mall91

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Complete news archive for Mall91

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Frequently Asked Questions about Mall91

Mall91 was founded in 2018.

Mall91 is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Mall91 is a funded company, having raised a total of $8.66M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.16M, raised on Dec 2018.

Mall91 was established in 2018 in Noida, India, within the social commerce sector. Vernacular solutions are offered, incorporating live video-based shopping experiences. Features such as local language voice recognition and messaging-based checkouts are integrated to support user interactions. Operations emphasize regional language accessibility for e-commerce activities in the Indian market.

Mall91's top competitors include DealShare, Rozana and BuyEazzy.

Mall91 offers Mall91 Platform.

Mall91 has made 1 acquisition, including StompMarket.

Mall91 has 7 investors. Key investors include Angel List, Wellfound, angel.co, Kstart, and Beenext.

The valuation of Mall91 is $4.8M as of Dec 2018.

Mall91 operates through Roviri Innovations Private Limited.

The legal entities of Mall91 currently have 2 directors, including Deepak Kumar Chaudhary, Ashish Kumar Jha.

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