About MartMobi
MartMobi is a Retail company based in Hyderabad (India) founded in 2013, and was acquired by Snapdeal in May 2015. Mobile commerce platform for eCommerce sites and retailers is enabled. MartMobi has raised $18 thousand across 1 funding round from investors including Snapdeal and Techstars. Its Indian entity Martmobi Technologies Private Limited reported revenue of ₹1.38 Cr. The company was acqui-hired. Its focus areas include E-Commerce Enablers, Storefronts and Mobile Commerce.
Company details
Founded in 2013 in Hyderabad, India, MartMobi operates in the mobile commerce sector. A self-service platform is provided for retail businesses to build and manage branded mobile apps and optimized websites without coding. Partnerships were formed, including with Zepo in May 2014 for mobile tools. Selection occurred as the first Indian startup for Techstars. Acquisition by Snapdeal took place in May 2015.
- Headquarters Hyderabad, India
- Stage Acquired
- SectorsRetail
- Website martmobi.com
- Social LinkedIn X Facebook
- Acquired by Snapdeal (May 2015)
- Legal Name Martmobi Technologies Private Limited
- Date of Incorporation 26 Nov, 2012
- Jurisdiction Hyderabad, Telangana, India
Associated legal entities of MartMobi
MartMobi operates through Martmobi Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Martmobi Technologies Private Limited CIN U72200TG2012PTC084407 | Strike Off | 26 Nov 2012 | Hyderabad, Telangana | ₹1.4 Cr | 2 | View details |
Funding Insights of MartMobi
MartMobi has successfully raised a total of $18K through 1 strategic funding round. The most recent funding activity was a Seed round of $18 thousand completed in May 2014. 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 $18,000
- Total Rounds 1
- Last Round Seed — $18,000
- First Round $18,000
(May 2014)
- Investors Count 1
All 1 funding rounds of MartMobi 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 |
|---|---|---|---|---|---|
| May 2014 | $18,000 | Seed | – | Techstars | – |
2 investors in total: 2 institutional.
Investors in MartMobi
MartMobi has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Snapdeal and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Discounted products across multiple categories are sold online. | 2010 | snapdeal.com | Gurugram, India |
Investor details for MartMobi
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 Martmobi Technologies Private Limited (MartMobi)
Martmobi Technologies Private Limited is the primary company behind MartMobi. The board of Martmobi Technologies Private Limited currently have 2 directors; the longest-serving is Satya Krishna Ganni, appointed in 2012.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satya Krishna Ganni DIN 03144166 | Director | 26 Nov 2012 | 13 yrs 11 mo | Martmobi Technologies Private Limited |
| Pramod Puliyampatta DIN 05326741 | Director | 26 Nov 2012 | 13 yrs 11 mo | Martmobi Technologies Private Limited |
Financials of MartMobi
Figures of Martmobi Technologies Private Limited, the primary company behind MartMobi, for FY 2016. Revenue was ₹1.38 Cr (+1301% year on year). Net profit was ₹57.4 Lakh (42% margin). EBITDA was ₹89 Lakh (65% margin).
- ₹1.38 CrRevenue · FY 2016 · +1301% YoY
- ₹57.4 LakhNet profit · 42% margin
- ₹89 LakhEBITDA · 65% margin
- ₹11.3 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Martmobi Technologies Private Limited are on its company page.
Detailed financial statements for MartMobi
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 MartMobi
3 dated milestones of MartMobi across 2 years, from founding to its latest funding, stage changes and deals.
- Founded MartMobi is founded.
- Funding First funding round of $18K.
- Exit Acquired by Snapdeal.
Top companies in E-Commerce Enablers & Infrastructure
3 companies that operate in the same segment as MartMobi (E-Commerce Enablers & Infrastructure) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Martmobi
Complete news archive for MartMobi
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.
Frequently Asked Questions about MartMobi
MartMobi was founded in 2013 and raised its 1st funding round 1 year after it was founded.
MartMobi is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
MartMobi is a funded company, having raised a total of $18K across 1 funding round to date. The company's 1st funding round was a Seed of $18K, raised on May 2014.
The primary company behind MartMobi, Martmobi Technologies Private Limited, reported revenue of ₹1.38 Cr for FY 2016, up 1301% year on year.
Founded in 2013 in Hyderabad, India, MartMobi operates in the mobile commerce sector. A self-service platform is provided for retail businesses to build and manage branded mobile apps and optimized websites without coding. Partnerships were formed, including with Zepo in May 2014 for mobile tools. Selection occurred as the first Indian startup for Techstars. Acquisition by Snapdeal took place in May 2015.
MartMobi operates through Martmobi Technologies Private Limited.
Yes. MartMobi was acquired by Snapdeal in May 2015.
The legal entities of MartMobi currently have 2 directors, including Satya Krishna Ganni, Pramod Puliyampatta.