Milaap

Bengaluru, India Founded: 2010 • Age: 16 yrs
Funds are raised through crowdfunding for personal and social causes.
Annual revenue $2.9M Latest available
Total funding $1.3M 4 rounds
Employees 51 Tracked headcount
Investors 10 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Financial Services
    Government & Social Sector
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Milaap Social Ventures India Pvt. Ltd.
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Government & Social Sector → Government Technology & Digital Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.92 M (USD)
    -50.57
    as on Mar 31, 2023
  • Net Profit
    -$397.01 K (USD)
    -133.24
    as on Mar 31, 2023
  • EBITDA
    -$253.53 K (USD)
    -119
    as on Mar 31, 2023
  • Total Equity Funding
    $1.28 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.11 M (USD), Series A

    Jul 03, 2013

  • Investors
    Dasra

    & 9 more

  • 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.

Product name locked
Category locked
Primary

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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Wealth is managed by LionRock Capital as a family office.
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Venture capital firm investing in applied generative AI
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Investor details for Milaap

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Investments & Acquisitions by Milaap

Investments
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Investment portfolio details for Milaap

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Financial Statements - Milaap

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Detailed financials for Milaap

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Milaap Comparisons

Milaap Primary company
Description
Funds are raised through crowdfunding for personal and socia...
Location
Bengaluru, India
Founded Year
2010
Annual Revenue
$2.92 M (USD)
Net Profit
-$397.01 K (USD)
EBITDA
-$253.53 K (USD)
Employees
51
As of 2024
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Peer comparison for Milaap

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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.

Company Name Domain Founded year HQ Location Description
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Funds are raised online for social causes via crowdfunding platform.
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Creative projects are crowdfunded via a cloud-based platform.
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Donation-based crowdfunding platform is provided online for various causes.
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Equity and revenue-based crowdfunding for startups is enabled.
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Funds are raised online for charities and personal campaigns.
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Rewards-based crowdfunding is enabled via an "All or Nothing" model.
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Detailed competitors of Milaap

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Latest news on Milaap

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Complete news archive for Milaap

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Frequently Asked Questions about Milaap

Milaap was founded in 2010.

Milaap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Mayukh Choudhury is the current CEO of Milaap. They have also founded this company.

Milaap is a funded company, having raised a total of $1.28M across 4 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Milaap is 51.

Annual revenue of Milaap is $2.92M as on Mar 31, 2023.

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.

Milaap's top competitors include Wadiz, GoFundMe and Kickstarter.

Milaap offers Crowdfunding Platform.

Milaap has 10 investors. Key investors include Dasra, Jayesh Parekh, Jungle Ventures, LionRock Capital, and Capria.

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