About Mingout
Mingout is a company based in Gurugram (India) founded in 2020 by Navdeep Kamboj and Devanshu Verma.. 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 as of March 23, 2024. Mingout offers products and services including Dating Courses and Relationship Counselling. Mingout operates in a competitive market with competitors including Aisle, flutrr, Woo, Thrill and Hi Hello, among others.
- Headquarter Gurugram, India
- Employees 1 as on 23 Mar, 2024
- Founders Navdeep Kamboj, Devanshu Verma
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mingout Social Technologies Private Limited
- Date of Incorporation 14 Apr, 2021
- Jurisdiction Haryana, Haryana, India
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Annual Revenue
$550.15 (USD)0as on Mar 31, 2022
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Net Profit
$-49.78 K (USD)0as on Mar 31, 2022
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EBITDA
$-41.85 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$306.62 K (USD)
in 2 rounds
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Latest Funding Round
$273.03 K (USD), Seed
Nov 29, 2021
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Investors
Wellfound
& 19 more
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Employee Count
1
as on Mar 23, 2024
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Products & Services of Mingout
Mingout offers a comprehensive portfolio of products and services, including Dating Courses and Relationship Counselling. 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 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 Total Funding
- Total Rounds 2
- Last Round Seed — $273,031
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First Round
First Round
(23 Jul 2021)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Mingout | Valuation | Wellfound , AngelList | |
| Jul, 2021 | Amount | Angel Round - Mingout | Valuation | Raghav Singhal , Raghav Singhal |
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| 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 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. 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 funding is provided to innovative startups in India.
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Founded Year | Domain | Location | |
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Startup jobs are connected to individuals via a dedicated platform.
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Founded Year | Domain | Location | |
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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 Mingout
| 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 - Mingout
| 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 |
Mingout Comparisons
Competitors of Mingout
Mingout 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 Aisle, flutrr, Woo, Thrill and Hi Hello, 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 |
South Asian singles are matched through a mobile dating app.
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| domain | founded_year | HQ Location |
Provider of content sharing and online dating platform
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| domain | founded_year | HQ Location |
Anonymous profiles for job preferences are created by users.
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| domain | founded_year | HQ Location |
Dating mobile application for individuals
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| domain | founded_year | HQ Location |
Mutual likes form the basis of an app-based dating platform.
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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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Frequently Asked Questions about Mingout
When was Mingout founded?
Mingout was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Mingout located?
Mingout is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Mingout a funded company?
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 23, 2021.
How many employees does Mingout have?
As of Mar 23, 2024, the latest employee count at Mingout is 1.
What is the annual revenue of Mingout?
Annual revenue of Mingout is $550.15 as on Mar 31, 2022.
What does Mingout do?
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.
What products or services does Mingout offer?
Mingout offers Dating Courses and Relationship Counselling.
Who are Mingout's investors?
Mingout has 20 investors. Key investors include Wellfound, QED Innovation Labs, Udgam Commercial, Blc and Associates, and Maninder Gulati.
What is Mingout's valuation?
The valuation of Mingout is $2.64M as of Nov 2021.
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