About Mingout
Mingout is a Consumer company based in Gurugram (India) founded in 2020 by Navdeep Kamboj and Devanshu Verma. It operates as a provider of a dating platform based on mutual likes. Mingout has raised $306.62 thousand across 2 funding rounds from investors including Wellfound, QED Innovation Labs and Udgam Commercial. The company has 1 employees. Mingout was last valued at $2.64 million in November 2021. Mingout offers products and services including Dating Courses and Relationship Counselling. Its focus areas include Matchmaking, Dating and Mutual Likes. Its legal entity in India is Mingout Social Technologies Private Limited (U74999HR2021PTC094472). Its competitors include Aisle, flutrr, Woo, Thrill and Hi Hello and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
Mingout was founded in 2020 in Gurugram, India, as a provider of a dating platform in the social networking sector. Users are connected through mutual likes and common interests, with features such as women-endorsed invites, date planning tools, and virtual concerts or workshops included. The mobile application is made available for both Android and iOS devices, supporting user interactions across the platform.
- Headquarters Gurugram, India
- Employees 1
- Founders Navdeep Kamboj, Devanshu Verma
- Stage Minicorn
- SectorsConsumer
- Website mingout.com
- Social LinkedIn X Instagram
- Legal Name Mingout Social Technologies Private Limited
- Date of Incorporation 14 Apr, 2021
- Jurisdiction Haryana, India
- Annual Revenue₹45,475
FY 2022
- Net Loss-₹41.1 Lakh
FY 2022 · -9049% margin
- EBITDA-₹34.8 Lakh
FY 2022 · -7661% margin
- Total Equity Funding$306.62K (USD)
in 2 rounds
- Latest Funding Round$273.03K (USD), Seed
Nov 2021
- InvestorsWellfound
& 19 more
- Employee Count1
Associated legal entities of Mingout
Mingout operates through Mingout Social Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mingout Social Technologies Private Limited CIN U74999HR2021PTC094472 | Active | 14 Apr 2021 | – | ₹0.0 Cr | – | 3 | View details |
Products & Services of Mingout
Mingout offers a comprehensive portfolio of products and services, including Dating Courses and Relationship Counselling.
Online courses for mastering dating and building self-awareness.
Sessions for expert guidance on fostering healthy relationships.
Funding Insights of Mingout
Mingout has successfully raised a total of $306.62K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $273.03 thousand completed in November 2021. 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 $306,619
- Total Rounds 2
- Last Round Seed — $273,031
- First Round $33,588
(Jul 2021)
- Investors Count 20
All 2 funding rounds of Mingout 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 |
|---|---|---|---|---|---|
| Nov 2021 | $273,031 | Seed | $2.64M | Wellfound, AngelList | |
| Jul 2021 | $33,588 | Angel Round | $672,060 | Raghav Singhal, Raghav Singhal | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $2.64M | •••••••• |
Last known valuation $2.64M (Nov 2021). 20 investors in total: 5 institutional and 15 angel.
Investors in Mingout
Mingout has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Wellfound, QED Innovation Labs and Udgam Commercial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to innovative startups in India. | – | qedinnovationlabs.tcc.mode | Mumbai, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
- | – | udgamcommercial.tcc.mode | - | |
- | – | blcandassociates.tcc.mode | - | |
Startup jobs are connected to seekers via an online platform. | – | angel.co | San Francisco, United States | |
MG Maninder Gulati | Global Strategy Officer at OYO, active angel investor in Indian startups | – | unknown_fd11aaabc19d42cb8 | - |
PA Pearl Agarwal | Founder of Eximius Ventures, angel investor, focused on early-stage Indian startups | – | unknown_46e4fda038094b0e8 | - |
DT Dipti Tandon | Angel investor and entrepreneur, focusing on early-stage Indian startups. | – | unknown_3cb1a5da7deb4baf9 | - |
CJ Chirag Jain | Angel investor, ex-Amazon, focused on early-stage Indian startups | – | unknown_793a22d26a1d4765b | - |
MY Mohammed Yunus | - | – | unknown_93e8efca9c4a456c8 | - |
Investor details for Mingout
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 Mingout Social Technologies Private Limited (Mingout)
Mingout Social Technologies Private Limited is the primary company behind Mingout. The board of Mingout Social Technologies Private Limited currently have 3 directors; the longest-serving is Devanshu Verma, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devanshu Verma DIN 09146618 | Director | 14 Apr 2021 | 5 yrs 6 mo | Mingout Social Technologies Private Limited |
| Navdeep Kamboj DIN 09146619 | Director | 14 Apr 2021 | 5 yrs 6 mo | Mingout Social Technologies Private Limited |
| Harshveer Jain DIN 08665383 | Director | 14 Apr 2021 | 5 yrs 6 mo | Mingout Social Technologies Private Limited |
People of Mingout
2 people are tracked at Mingout (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Mingout
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mingout
Figures of Mingout Social Technologies Private Limited, the primary company behind Mingout, for FY 2022. Revenue was ₹45,475. Net loss was -₹41.1 Lakh (-9049% margin). EBITDA was -₹34.8 Lakh (-7661% margin).
- ₹45,475Revenue · FY 2022
- -₹41.1 LakhNet loss · -9049% margin
- -₹34.8 LakhEBITDA · -7661% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mingout Social Technologies Private Limited are on its company page.
Detailed financial statements for Mingout
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 Mingout
4 dated milestones of Mingout across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Mingout is founded.
- Funding First funding round of $34K.
- Funding Latest funding round, Seed, of $273K.
- Milestone Reaches Minicorn status.
Competitors of Mingout
Mingout has 7 listed competitors in our database, 5 of them funded. They include Aisle, flutrr, Woo, Thrill and Hi Hello, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aisle.co | 2014 | Bengaluru, India | $1.15M | 49 | South Asian singles are matched through a mobile dating app. | |
| flutrr.com | 2021 | Kolkata, India | $1.83M | – | Provider of content sharing and online dating platform | |
| woo.io | 2014 | Tel Aviv, Israel | $11.35M | – | Anonymous profiles for job preferences are created by users. | |
| thrillapp.com | 2012 | Delhi, India | $1M | – | Dating mobile application for individuals | |
| hihelloapp.com | 2021 | Mumbai, India | $445,382 | – | Mutual likes form the basis of an app-based dating platform. | |
| hookheart.com | 2020 | Bengaluru, India | – | – | Provides an app-based platform for dating and matchmaking services. | |
| friggly.in | 2020 | Gurugram, India | – | – | Friggly is an app-based social platform designed for connecting users with friends. |
Detailed competitors of Mingout
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.
Web traffic of Mingout
The website of Mingout (mingout.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 65.6% vs previous month
Top companies in Matchmaking & Relationship Apps
10 companies that operate in the same segment as Mingout (Matchmaking & Relationship Apps), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based platform providing women-centric dating and match making services | 2014 | Austin, Texas, United States | – | USD 965.66 M | 580 | |
Proximity-based online dating and matchmaking are facilitated through mobile swiping. | 2012 | Dublin, Ireland | – | – | – | |
Indian matchmaking app connects users for marriage via verified profiles. | 2016 | Bengaluru, Karnataka, India | – | USD 2.38 M | 212 | |
South Asian singles are matched through a mobile dating app. | 2014 | Bengaluru, Karnataka, India | USD 1.15 M | USD 4.17 M | 44 | |
Individuals seeking life partners are connected through online matchmaking services. | 1996 | Mumbai, Maharashtra, India | USD 8 M | USD 37.34 M | – | |
A proximity-based mobile dating app is operated using GPS. | 2013 | Paris, France | USD 22 M | – | – | |
Personality-based dating and matchmaking are facilitated through a mobile app. | 2012 | New York, New York, United States | USD 26.78 M | – | – | |
Geolocation-based dating and social platform for LGBT community is provided. | 2008 | Los Angeles, California, United States | – | USD 439.9 M | 147 | |
App-based religion-centric matchmaking and dating platform | 2015 | Ilford, United Kingdom | USD 9.23 M | – | – | |
Matrimonial matchmaking services are facilitated via an online platform. | 1997 | Chennai, Tamil Nadu, India | USD 20.4 M | USD 49.03 M | 3,463 |
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Frequently Asked Questions about Mingout
Mingout was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Mingout is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Mingout is a funded company, having raised a total of $306.62K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $33.59K, raised on Jul 2021.
Mingout has 1 employees.
The primary company behind Mingout, Mingout Social Technologies Private Limited, reported revenue of ₹45,475 for FY 2022.
Mingout was founded in 2020 in Gurugram, India, as a provider of a dating platform in the social networking sector. Users are connected through mutual likes and common interests, with features such as women-endorsed invites, date planning tools, and virtual concerts or workshops included. The mobile application is made available for both Android and iOS devices, supporting user interactions across the platform.
Mingout offers Dating Courses and Relationship Counselling.
Mingout has 20 investors. Key investors include Wellfound, QED Innovation Labs, Udgam Commercial, Blc and Associates, and Maninder Gulati.
The valuation of Mingout is $2.64M as of Nov 2021.
Mingout operates through Mingout Social Technologies Private Limited.
The legal entities of Mingout currently have 3 directors, including Devanshu Verma, Navdeep Kamboj, Harshveer Jain.