Mela App

Delhi, India Founded: 2019 • Age: 7 yrs
Multi-category products are retailed online through group-buying mechanisms.
Annual revenue $535,457 Latest available
Total funding $150,000 1 rounds
Employees 1 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Mela App

Mela App is a company based in Delhi (India) founded in 2019. Mela App has raised $150 thousand across 1 funding round from investors including Y Combinator. The company has 1 employees as of April 07, 2024. Mela App operates in a competitive market with competitors including DealShare, Rozana, BuyEazzy, Gobillion and SHOPG, among others.

  • Headquarter Delhi, India
  • Employees 1 as on 07 Apr, 2024
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Mahamela Technologies Private Limited
  • Date of Incorporation 16 Jul, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $535.46 K (USD)
    76.8
    as on Mar 31, 2022
  • Net Profit
    -$74.33 K (USD)
    27.04
    as on Mar 31, 2022
  • EBITDA
    $4.6 K (USD)
    123.72
    as on Mar 31, 2022
  • Total Equity Funding
    $150 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Aug 20, 2019

  • Investors
  • Employee Count
    1

    as on Apr 07, 2024

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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.

Investors in Mela App

Mela App has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Locked Locked Locked
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Investor details for Mela App

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Investments & Acquisitions by Mela App

Investments
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Investment portfolio details for Mela App

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Financial Statements - Mela App

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Detailed financials for Mela App

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Mela App Comparisons

Mela App Primary company
Description
Multi-category products are retailed online through group-bu...
Location
Delhi, India
Founded Year
2019
Annual Revenue
$535.46 K (USD)
Net Profit
-$74.33 K (USD)
EBITDA
$4.6 K (USD)
Employees
1
As of 2024
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Peer comparison for Mela App

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of Mela App

Mela App operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DealShare, Rozana, BuyEazzy, Gobillion and SHOPG, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online social deal-sharing platform for multi-category products
Locked Locked Locked
Rozana is focused on rural e-commerce in India.
Locked Locked Locked
App-based group buying platform offering multi-category products
Locked Locked Locked
Groceries and essentials are provided via an app-based social platform.
Locked Locked Locked
Manages an e-commerce store offering multi-category products.
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Detailed competitors of Mela App

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Latest news on Mela App

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Complete news archive for Mela App

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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.

As of Apr 07, 2024, the latest employee count at Mela App is 1.

Annual revenue of Mela App is $535.46K as on Mar 31, 2022.

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's top competitors include DealShare, Rozana and BuyEazzy.

Mela App has 1 investor. Key investors include Y Combinator.

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