About Mela App
Mela App is a Retail company based in Delhi (India) founded in 2019. Multi-category products are retailed online through group-buying mechanisms. Mela App has raised $150 thousand across 1 funding round from investors including Y Combinator. The company has 1 employees. Its Indian entity Mahamela Technologies Private Limited reported revenue of ₹2.13 Cr. Its focus areas include Social Commerce, Group Buying and Diversified. Its competitors include DealShare, Rozana and BuyEazzy; 3 of its 3 listed competitors have raised funding.
Company details
Mela App was founded in 2019 in Delhi, India, and operates within the e-commerce sector. Multi-category items, including electronics such as mobile covers, tempered glass, storage devices, headphones, and power banks, along with clothing and fashion accessories, are sold via an online platform. Group-buying features enable discounted pricing when purchases are made collectively with friends or family, with operations centered in India.
- Headquarters Delhi, India
- Employees 1
- SectorsRetail
- Website mahamela.in
- Legal Name Mahamela Technologies Private Limited
- Date of Incorporation 16 Jul, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹2.13 Cr
FY 2024 · -31% YoY
- Net Profit₹1.19 Cr
FY 2024 · 56% margin
- EBITDA₹1.32 Cr
FY 2024 · 62% margin
- Total Equity Funding$150K (USD)
in 1 rounds
- Latest Funding Round$150K (USD), Seed
Aug 2019
- Investors
- Employee Count1
Associated legal entities of Mela App
Mela App operates through Mahamela 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 |
|---|---|---|---|---|---|---|---|
| Mahamela Technologies Private Limited CIN U72900DL2019PTC352645 | Active | 16 Jul 2019 | New Delhi, Delhi | ₹2.1 Cr | 1 | 2 | View details |
Funding Insights of Mela App
Mela App has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 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 $150,000
- Total Rounds 1
- Last Round Seed — $150,000
- First Round $150,000
(Aug 2019)
- Investors Count 1
All 1 funding rounds of Mela App 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 |
|---|---|---|---|---|---|
| Aug 2019 | $150,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Mela App
Mela App has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Mela App
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 Mahamela Technologies Private Limited (Mela App)
Mahamela Technologies Private Limited is the primary company behind Mela App. The board of Mahamela Technologies Private Limited currently have 2 directors; the longest-serving is Shubham, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham DIN 07271720 | Director | 16 Jul 2019 | 7 yrs 3 mo | Mahamela Technologies Private Limited |
| Dhilbar Roshan DIN 07271703 | Director | 16 Jul 2019 | 7 yrs 3 mo | Mahamela Technologies Private Limited |
Financials of Mela App
Figures of Mahamela Technologies Private Limited, the primary company behind Mela App, for FY 2024. Revenue was ₹2.13 Cr (-31% year on year). Net profit was ₹1.19 Cr (56% margin). EBITDA was ₹1.32 Cr (62% margin). Revenue has grown at a compounded annual rate of -5% over three years.
- ₹2.13 CrRevenue · FY 2024 · -31% YoY
- ₹1.19 CrNet profit · 56% margin
- ₹1.32 CrEBITDA · 62% margin
- ₹20,000Paid-up capital
- 1Employees (provident fund records)
- -5%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mahamela Technologies Private Limited are on its company page.
Detailed financial statements for Mela App
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 Mela App
2 dated milestones of Mela App, from founding to its latest funding, stage changes and deals.
- Founded Mela App is founded.
- Funding First funding round of $150K.
Competitors of Mela App
Mela App has 3 listed competitors in our database, 3 of them funded. They include DealShare, Rozana and BuyEazzy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dealshare.in | 2018 | Bengaluru, India | $386.55M | 276 | Online social deal-sharing platform for multi-category products | |
| rozana.in | 2020 | Delhi, India | $26.5M | Rozana is focused on rural e-commerce in India. | ||
| buyeazzy.com | 2021 | Delhi, India | $5.59M | 19 | App-based group buying platform offering multi-category products |
Detailed competitors of Mela App
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Social & Influencer Commerce
3 companies that operate in the same segment as Mela App (Social & Influencer Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are retailed online by CityMall. | 2019 | Gurugram, Haryana, India | USD 153.52 M | USD 55.51 M | 1,597 | |
Online social deal-sharing platform for multi-category products | 2018 | Bengaluru, Karnataka, India | USD 386.55 M | USD 247.08 M | 418 | |
Online social shopping marketplace for women fashion products | 2012 | Gurugram, Haryana, India | USD 51.95 M | USD 327.87 M | 10,640 |
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Frequently Asked Questions about Mela App
Mela App was founded in 2019.
Mela App is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Mela App is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Aug 2019.
Mela App has 1 employees.
The primary company behind Mela App, Mahamela Technologies Private Limited, reported revenue of ₹2.13 Cr for FY 2024, down 31% year on year.
Mela App was founded in 2019 in Delhi, India, and operates within the e-commerce sector. Multi-category items, including electronics such as mobile covers, tempered glass, storage devices, headphones, and power banks, along with clothing and fashion accessories, are sold via an online platform. Group-buying features enable discounted pricing when purchases are made collectively with friends or family, with operations centered in India.
Mela App has 1 investor. Key investors include Y Combinator.
Mela App operates through Mahamela Technologies Private Limited.
The legal entities of Mela App currently have 2 directors, including Shubham, Dhilbar Roshan.