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
*********
-
Website
*********
- Legal Name Mobile2win India Private Limited
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$2.59 M (USD)128.17as on Mar 31, 2022
-
Net Profit
$981.23 K (USD)123.63as on Mar 31, 2022
-
EBITDA
-$214.68 K (USD)-323.22as 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
Nexus Venture Partners
& 3 more
-
Employee Count
41
as on Apr 08, 2024
-
Acquired by
Altruist Technologies
(Feb 04, 2009)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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
-
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 |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm that partners with entrepreneurs for product-first companies.
|
Founded Year | Domain | Location | |
|
Acquisitions in private equity are targeted by Smac Partners.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mobile2Win India
Financial Statements - Mobile2Win India
Mobile2win India Comparisons
Competitors of Mobile2Win India
Latest news on Mobile2win India
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. The company's 1st funding round was a Seed of $1M, raised on Jan 23, 2003.
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.