About Mobile2Win India
Mobile2Win India is a company based in Mumbai (India) founded in 2003 by Rajiv Hiranandani was acquired by Altruist Technologies in February 2009.. Mobile2Win India has raised $16 million across 2 funding rounds from investors including Nexus Venture Partners, Norwest Venture Partners and Altruist Technologies. The company has 41 employees as of April 08, 2024.
- Headquarter Mumbai, India
- Employees 41 as on 08 Apr, 2024
- Founders Rajiv Hiranandani
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Sectors
Technology
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Phone
*********
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Website
*********
- Legal Name Mobile2win India Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.59 M (USD)128.17as on Mar 31, 2022
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Net Profit
$981.23 K (USD)123.63as on Mar 31, 2022
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EBITDA
$-214.68 K (USD)-323.22as on Mar 31, 2022
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Total Equity Funding
$16 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Nov 13, 2006
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Investors
Nexus Venture Partners
& 3 more
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Employee Count
41
as on Apr 08, 2024
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Acquired by
Altruist Technologies
(Feb 04, 2009)
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Funding Insights of Mobile2Win India
Mobile2Win India has successfully raised a total of $16M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in November 2006. 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 Series B — $15.0M
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First Round
First Round
(23 Jan 2003)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2006 | Amount | Series B - Mobile2Win India | Valuation | Norwest Venture Partners , Nexus Venture Partners |
|
| Jan, 2003 | Amount | Seed - Mobile2Win India | 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 Mobile2Win India
Mobile2Win India has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Nexus Venture Partners, Norwest Venture Partners and Altruist Technologies. 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 and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Acquisitions in private equity are targeted by Smac Partners.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mobile2Win India
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Mobile2Win India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mobile2win India Comparisons
Competitors of Mobile2Win India
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| 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.
|
Latest news on Mobile2win India
Frequently Asked Questions about Mobile2Win India
When was Mobile2Win India founded?
Mobile2Win India was founded in 2003.
Where is Mobile2Win India located?
Mobile2Win India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Mobile2Win India?
Dheeraj Aggarwal is the current CEO of Mobile2Win India.
Is Mobile2Win India a funded company?
Mobile2Win India is a funded company, having raised a total of $16M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 23, 2003.
How many employees does Mobile2Win India have?
As of Apr 08, 2024, the latest employee count at Mobile2Win India is 41.
What is the annual revenue of Mobile2Win India?
Annual revenue of Mobile2Win India is $2.59M as on Mar 31, 2022.
What does Mobile2Win India do?
Mobile2Win India was established in 2003 and is based in Mumbai, India. Operations center on the development and distribution of mobile utility applications across various categories, including tools for productivity and entertainment. Services are targeted at mobile users in the technology sector, with management overseen by Co-Founder and Executive Director Rajiv Hiranandani and CEO Dheeraj Aggarwal. Focus remains on practical software solutions for diverse needs.
Who are Mobile2Win India's investors?
Mobile2Win India has 4 investors. Key investors include Nexus Venture Partners, Norwest Venture Partners, Altruist Technologies, and Smac Partners.