Mobile2Win India

Mumbai, India Founded: 2003 • Age: 23 yrs Acquired By Altruist Technologies
Multi-category mobile utility applications are provided for users.
Annual revenue $2.6M Latest available
Total funding $16.0M 2 rounds
Employees 41 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors - Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Mobile2win India Private Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.59 M (USD)
    128.17
    as on Mar 31, 2022
  • Net Profit
    $981.23 K (USD)
    123.63
    as on Mar 31, 2022
  • EBITDA
    -$214.68 K (USD)
    -323.22
    as on Mar 31, 2022
  • Total Equity Funding
    $16 M (USD)

    in 2 rounds

  • Latest Funding Round
    $15 M (USD), Series B

    Nov 13, 2006

  • Investors
  • Employee Count
    41

    as on Apr 08, 2024

  • Acquired by
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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
Locked Locked Locked
Venture capital firm that partners with entrepreneurs for product-first companies.
Locked Locked Locked
Acquisitions in private equity are targeted by Smac Partners.
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Investor details for Mobile2Win India

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Investments & Acquisitions by Mobile2Win India

Investments
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Investment portfolio details for Mobile2Win India

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Financial Statements - Mobile2Win India

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Detailed financials for Mobile2Win India

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Mobile2win India Comparisons

Mobile2Win India Primary company
Description
Multi-category mobile utility applications are provided for ...
Location
Mumbai, India
Founded Year
2003
Annual Revenue
$2.59 M (USD)
Net Profit
$981.23 K (USD)
EBITDA
-$214.68 K (USD)
Employees
41
As of 2024
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Peer comparison for Mobile2Win India

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Competitors of Mobile2Win India

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Detailed competitors of Mobile2Win India

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Latest news on Mobile2win India

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Frequently Asked Questions about Mobile2Win India

Mobile2Win India was founded in 2003.

Mobile2Win India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Dheeraj Aggarwal is the current CEO of Mobile2Win India.

Mobile2Win India is a funded company, having raised a total of $16M across 2 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Mobile2Win India is 41.

Annual revenue of Mobile2Win India is $2.59M as on Mar 31, 2022.

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.

Mobile2Win India has 4 investors. Key investors include Nexus Venture Partners, Norwest Venture Partners, Altruist Technologies, and Smac Partners.

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