Metta Social

Pune, India Founded: 2020 • Age: 6 yrs Minicorn
Cloud-based suite solutions for nonprofit organizations

About Metta Social

Metta Social is a Government & Social Sector company based in Pune (India) founded in 2020 by Naresh Gour, Capt Anil Dhankher, and Vishal Naik. Cloud-based suite solutions for nonprofit organizations. Metta Social has raised $1.71 million across 2 funding rounds from investors including Sagitec, Rakesh Bhatt and Sharma And Vashishtha Ventures. The company has 51 employees. Metta Social was last valued at $12.71 million in November 2023. Its chief executive, as recorded, is Vishal Naik. Its Indian entity Metta Social Solutions Private Limited reported revenue of β‚Ή52.6 Lakh. Metta Social offers products and services including Socio-XN, Engage-XN, iGiv-XN, Impact-XN, and MSData-Co. Its focus areas include Enterprise Applications, Nonprofit Tech, Suite and Horizontal.

Company details

Metta Social was founded in 2020 in Pune, India, within the nonprofit technology sector. Cloud-based suite solutions are offered to support organizations in fundraising through dedicated platforms. Tools for asset monitoring and community engagement are included in the services. Operations focus on enabling efficient management for nonprofits across various scales.

  • Headquarters Pune, India
  • Employees 51
  • Founders Naresh Gour, Capt Anil Dhankher, Vishal Naik
  • Stage Minicorn
  • Sectors
    Government & Social Sector
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website mettasocial.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Metta Social Solutions Private Limited
  • Date of Incorporation 14 Oct, 2020
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹52.6 Lakh

    FY 2024 · -6% YoY

  • Net Loss
    -₹9.21 Cr

    FY 2024 · -1751% margin

  • EBITDA
    -₹9.02 Cr

    FY 2024 · -1715% margin

  • Total Equity Funding
    $1.71M (USD)

    in 2 rounds

  • Latest Funding Round
    $795.83K (USD), Seed

    Nov 2023

  • Investors
    Sagitec

    & 2 more

  • Employee Count
    51

Products & Services of Metta Social

Metta Social offers a comprehensive portfolio of products and services, including Socio-XN, Engage-XN, iGiv-XN, Impact-XN, and MSData-Co.

Socio-XN
CSR Management

Platform for centralizing CSR data and automating impact reporting.

Engage-XN
Employee Volunteering

Tool for organizing events and tracking volunteer contributions.

iGiv-XN
Employee Giving

System for personalized donations and matching programs.

Impact-XN
NGO Support

Platform for managing NGO partnerships and social initiatives.

MSData-Co
Data Collection

App for gathering and analyzing social impact data.

Funding Insights of Metta Social

Metta Social has successfully raised a total of $1.71M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $795.83 thousand completed in November 2023. 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 $1.71M
  • Total Rounds 2
  • Last Round Seed β€” $795,833
  • First Round $912,152

    (Mar 2022)

  • Investors Count 3

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2023$795,833Seed$12.71MSagitec
Mar 2022$912,152Seed$7.13MSharma And Vashishtha Ventures
Valuation history
DateValuationStage
Nov 2023$12.71Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2022$7.13Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $12.71M (Nov 2023). 3 investors in total: 2 institutional and 1 angel.

Investors in Metta Social

Metta Social has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Sagitec, Rakesh Bhatt and Sharma And Vashishtha Ventures.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Pension administration and unemployment insurance software solutions are provided.
2004sagitec.comSaint Paul, United States

Rakesh Bhatt

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Investor details for Metta Social

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Board of directors of Metta Social Solutions Private Limited (Metta Social)

Metta Social Solutions Private Limited is the primary company behind Metta Social. The board of Metta Social Solutions Private Limited currently have 2 directors; the longest-serving is Vishal Shrikant Naik Pednekar, appointed in 2020. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vishal Shrikant Naik Pednekar
DIN 08248767
Director14 Oct 20206 yrsMetta Social Solutions Private Limited
Iftekhar Iqbal Pathan
DIN 00151582
Director02 Feb 20224 yrs 9 moMetta Social Solutions Private Limited

People of Metta Social

6 people are tracked at Metta Social (5 in leadership, 1 in team); the tracked headcount is 51.

NameRoleGroup
Co-FounderLeadership
Capt Anil Dhankher
Co-FounderLeadership
Co-Founder & CEOLeadership
Shambhavee Jha
Head- Pre Sales - CSR - Esg- Social ImpactLeadership
Abhijit Deshmukh
Vice President - Products And DeliveryLeadership
Vallabh Kulkarni
User Experience DesignerTeam
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Financials of Metta Social

Figures of Metta Social Solutions Private Limited, the primary company behind Metta Social, for FY 2024. Revenue was ₹52.6 Lakh (-6% year on year). Net loss was -₹9.21 Cr (-1751% margin). EBITDA was -₹9.02 Cr (-1715% margin). Revenue has grown at a compounded annual rate of +292% over three years.

  • ₹52.6 LakhRevenue · FY 2024 · -6% YoY
  • -₹9.21 CrNet loss · -1751% margin
  • -₹9.02 CrEBITDA · -1715% margin
  • ₹24.4 LakhPaid-up capital
  • 51Employees (provident fund records)
  • +292%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Metta Social Solutions Private Limited are on its company page.

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Detailed financial statements for Metta Social

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Timeline of Metta Social

4 dated milestones of Metta Social across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Metta Social is founded.
  2. Funding First funding round of $912K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $796K.

Web traffic of Metta Social

The website of Metta Social (mettasocial.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 12% vs previous month

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Frequently Asked Questions about Metta Social

Metta Social was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Metta Social is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Vishal Naik is the CEO of Metta Social, as recorded in our data. They have also founded this company.

Metta Social is a funded company, having raised a total of $1.71M across 2 funding rounds to date. The company's 1st funding round was a Seed of $912.15K, raised on Mar 2022.

Metta Social has 51 employees.

The primary company behind Metta Social, Metta Social Solutions Private Limited, reported revenue of β‚Ή52.6 Lakh for FY 2024, down 6% year on year.

Metta Social was founded in 2020 in Pune, India, within the nonprofit technology sector. Cloud-based suite solutions are offered to support organizations in fundraising through dedicated platforms. Tools for asset monitoring and community engagement are included in the services. Operations focus on enabling efficient management for nonprofits across various scales.

Metta Social offers Socio-XN, Engage-XN, iGiv-XN, Impact-XN, and MSData-Co.

Metta Social has 3 investors. Key investors include Sagitec, Rakesh Bhatt, and Sharma And Vashishtha Ventures.

The valuation of Metta Social is $12.71M as of Nov 2023.

Metta Social operates through Metta Social Solutions Private Limited.

The legal entities of Metta Social currently have 2 directors, including Vishal Shrikant Naik Pednekar, Iftekhar Iqbal Pathan.

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