About Milaap
Milaap is a company based in Bengaluru (India) founded in 2010 by Anoj Viswanathan and Mayukh Choudhury.. Milaap has raised $1.28 million across 4 funding rounds from investors including Dasra, Jayesh Parekh and Jungle Ventures. The company has 51 employees as of April 06, 2024. Milaap offers products and services including Crowdfunding Platform. Milaap operates in a competitive market with competitors including GoFundMe, Kickstarter, Impact Guru, Wadiz and JustGiving, among others.
- Headquarter Bengaluru, India
- Employees 51 as on 06 Apr, 2024
- Founders Anoj Viswanathan, Mayukh Choudhury
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Sectors
Financial ServicesGovernment & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Milaap Social Ventures India Pvt. Ltd.
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$2.92 M (USD)-50.57as on Mar 31, 2023
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Net Profit
$-397.01 K (USD)-133.24as on Mar 31, 2023
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EBITDA
$-253.53 K (USD)-119as on Mar 31, 2023
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Total Equity Funding
$1.28 M (USD)
in 4 rounds
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Latest Funding Round
$1.11 M (USD), Series A
Jul 03, 2013
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Investors
Dasra
& 9 more
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Employee Count
51
as on Apr 06, 2024
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Products & Services of Milaap
Milaap offers a comprehensive portfolio of products and services, including Crowdfunding Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online tool for creating and managing fundraisers for medical and social causes
Funding Insights of Milaap
Milaap has successfully raised a total of $1.28M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.11 million completed in July 2013. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $1.1M
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First Round
First Round
(01 Sep 2010)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Series A - Milaap | Valuation | Jungle Ventures | |
| Feb, 2012 | Amount | Seed - Milaap | Valuation |
investors |
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| Jun, 2011 | Amount | Seed - Milaap | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Milaap
Milaap has secured backing from 10 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Dasra, Jayesh Parekh and Jungle Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Founded Year | Domain | Location | |
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Wealth is managed by LionRock Capital as a family office.
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Founded Year | Domain | Location | |
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Venture capital firm investing in applied generative AI
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Milaap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Milaap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Milaap Comparisons
Competitors of Milaap
Milaap 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 GoFundMe, Kickstarter, Impact Guru, Wadiz and JustGiving, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Funds are raised online for social causes via crowdfunding platform.
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| domain | founded_year | HQ Location |
Creative projects are crowdfunded via a cloud-based platform.
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| domain | founded_year | HQ Location |
Donation-based crowdfunding platform is provided online for various causes.
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| domain | founded_year | HQ Location |
Equity and revenue-based crowdfunding for startups is enabled.
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| domain | founded_year | HQ Location |
Funds are raised online for charities and personal campaigns.
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| domain | founded_year | HQ Location |
Rewards-based crowdfunding is enabled via an "All or Nothing" model.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Milaap
Frequently Asked Questions about Milaap
When was Milaap founded?
Milaap was founded in 2010.
Where is Milaap located?
Milaap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Milaap?
Mayukh Choudhury is the current CEO of Milaap. They have also founded this company.
Is Milaap a funded company?
Milaap is a funded company, having raised a total of $1.28M across 4 funding rounds to date.
How many employees does Milaap have?
As of Apr 06, 2024, the latest employee count at Milaap is 51.
What is the annual revenue of Milaap?
Annual revenue of Milaap is $2.92M as on Mar 31, 2023.
What does Milaap do?
Milaap was founded in 2010 in Bengaluru, India, as a crowdfunding platform focused on personal and social causes. Emphasis is placed on healthcare, education, and community projects that exceed typical financial means. Operations enable fundraisers to connect with a global donor community across multiple countries. Services facilitate contributions to various initiatives, supporting needs in these sectors.
Who are the top competitors of Milaap?
Milaap's top competitors include Wadiz, GoFundMe and Kickstarter.
What products or services does Milaap offer?
Milaap offers Crowdfunding Platform.
Who are Milaap's investors?
Milaap has 10 investors. Key investors include Dasra, Jayesh Parekh, Jungle Ventures, LionRock Capital, and Capria.