About MLakshmi
MLakshmi is a Retail company based in Mumbai (India) founded in 2015. Developer of purchase financing solutions. It operates in the Retail and Financial Services sectors. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include axio, ZestMoney and Lazypay; 3 of its 3 listed competitors have raised funding.
Company details
MLakshmi was founded in 2015 in Mumbai, India, within the fintech sector. Purchase financing solutions are offered through a mobile app, where merchants are rewarded for extending credit to customers. Customer credit histories are tracked and built via the platform, facilitating access to financing options. Operations focus on connecting merchants and users in the Indian market to support credit-building activities.
- Headquarters Mumbai, India
- SectorsRetailFinancial Services
- Email••••••••
- Website mlakshmi.com
- Social LinkedIn X Facebook
- Latest Funding Round$100K (USD), Grant
Nov 2015
- Investors
Funding Insights of MLakshmi
- Total Rounds 1
- Last Round Grant — $100,000
- First Round $100,000
(Nov 2015)
- Investors Count 1
All 1 funding rounds of MLakshmi 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 2015 | $100,000 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in MLakshmi
MLakshmi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Grand Challenges.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fosters innovation and funds grants for global health and development solutions. | 2003 | grandchallenges.org | Seattle, United States |
Investor details for MLakshmi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of MLakshmi
2 dated milestones of MLakshmi, from founding to its latest funding, stage changes and deals.
- Founded MLakshmi is founded.
- Funding First funding round of $100K.
Competitors of MLakshmi
MLakshmi has 3 listed competitors in our database, 3 of them funded. They include axio, ZestMoney and Lazypay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axio.co.in | 2013 | Bengaluru, India | $205.92M | 499 | An online lending platform for point-of-sale financing is provided. | |
| zestmoney.in | 2015 | Delhi, India | $151.12M | 21 | Online platform offering point-of-sale financing | |
| lazypay.in | 2017 | Mumbai, India | $7M | 366 | Provider of digital payment solutions, including deferred payment and personal loans |
Detailed competitors of MLakshmi
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.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as MLakshmi (Autonomous & In-Store Retail Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | ||
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Platform powering online and in-store retail operations using AI-driven tools | 2012 | Mumbai, Maharashtra, India | USD 16.02 M | USD 43.86 M | 851 |
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Frequently Asked Questions about MLakshmi
MLakshmi was founded in 2015.
MLakshmi is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
MLakshmi was founded in 2015 in Mumbai, India, within the fintech sector. Purchase financing solutions are offered through a mobile app, where merchants are rewarded for extending credit to customers. Customer credit histories are tracked and built via the platform, facilitating access to financing options. Operations focus on connecting merchants and users in the Indian market to support credit-building activities.
MLakshmi has 1 investor. Key investors include Grand Challenges.