About MoMark
MoMark was a Technology company based in Noida (India) founded in 2012. It provides mobile-based loyalty rewards management solutions. It operates on a B2B model. MoMark has raised $1.15 million across 4 funding rounds from investors including L N Bangur Group, ISON Group Africa and YourNest. The company has 1 employees. MoMark was last valued at $9.79 million in January 2017. The company is recorded as dissolved. Its focus areas include Software, Mobile Applications and Loyalty Programs. Its legal entity in India is Momark Services Private Limited (U62099DL2011PTC226211).
Company details
MoMark, established in 2012, excels in leveraging cutting-edge technology, software, developing user-friendly mobile apps, and offering loyalty programs. Provides mobile-based loyalty rewards management solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Noida, India
- Employees 1
- Stage Minicorn
- SectorsTechnology
- Website momarkservices.com
- Social X Facebook
- Legal Name Momark Services Private Limited
- Date of Incorporation 12 Oct, 2011
- Jurisdiction Delhi, India
- Annual Revenue₹1,740
FY 2023 · -100% YoY
- Net Loss-₹3.5 Lakh
FY 2023 · -19897% margin
- EBITDA-₹2.4 Lakh
FY 2023 · -13963% margin
- Total Equity Funding$1.15M (USD)
in 4 rounds
- Latest Funding Round$219.88K (USD), Seed
Jan 2017
- InvestorsL N Bangur Group
& 6 more
- Employee Count1
Associated legal entities of MoMark
MoMark operates through Momark Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Momark Services Private Limited CIN U62099DL2011PTC226211 | Active | 12 Oct 2011 | New Delhi, Delhi | ₹0.0 Cr | 1 | 2 | View details |
Funding Insights of MoMark
MoMark has successfully raised a total of $1.15M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $219.88 thousand completed in January 2017. 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 $1.15M
- Total Rounds 4
- Last Round Seed — $219,880
- First Round $149,360
(Sep 2013)
- Investors Count 6
All 4 funding rounds of MoMark 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 |
|---|---|---|---|---|---|
| Jan 2017 | $219,880 | Seed | $9.79M | YourNest | |
| Mar 2016 | $600,000 | Seed | $2.05M | L N Bangur Group | |
| Nov 2014 | $177,841 | Seed | $••••• | – | |
| Sep 2013 | $149,360 | Seed | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2017 | $9.79M | •••••••• |
| Mar 2016 | $2.05M | •••••••• |
| Nov 2014 | $••••• | •••••••• |
Full valuation and stage history of MoMark
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $9.79M (Jan 2017). 7 investors in total: 4 institutional and 3 angel.
Investors in MoMark
MoMark has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include L N Bangur Group, ISON Group Africa and YourNest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage DeepTech venture capital funding and support services in India. | 2011 | yournest.in | Gurugram, India | |
A business conglomerate was founded in 1918 in Kolkata, India. | 1918 | lnbgroup.com | Kolkata, India | |
Consulting services provider | 2010 | isongrp.com | Lagos, Nigeria | |
Bluetooth technology is developed and promoted for wireless connectivity. | bluetooth.com | Kirkland, USA | ||
IS Indu Sanghi | unknown_8c38ae886aa44cfa9 | |||
SS Sanjay Sehgal | unknown_a33107ad3cdc41cba | |||
SS Sanjay Sehgal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_be1f97a4debb4471b |
Investor details for MoMark
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Momark Services Private Limited (MoMark)
Momark Services Private Limited is the primary company behind MoMark. The board of Momark Services Private Limited currently have 2 directors; the longest-serving is Indu Sanghi, appointed in 2011. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Indu Sanghi DIN 01313386 | Director | 12 Oct 2011 | 15 yrs | Momark Services Private Limited |
| Rajesh Kumar Sanghi DIN 01306643 | Director | 12 Oct 2013 | 13 yrs | Momark Services Private Limited |
Financials of MoMark
Figures of Momark Services Private Limited, the primary company behind MoMark, for FY 2023. Revenue was ₹1,740 (-100% year on year). Net loss was -₹3.5 Lakh (-19897% margin). EBITDA was -₹2.4 Lakh (-13963% margin). Revenue has grown at a compounded annual rate of -74% over three years and -82% over five years.
- ₹1,740Revenue · FY 2023 · -100% YoY
- -₹3.5 LakhNet loss · -19897% margin
- -₹2.4 LakhEBITDA · -13963% margin
- ₹22.5 LakhPaid-up capital
- 1Employees (provident fund records)
- -74%Revenue CAGR, 3 years
- -82%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Momark Services Private Limited are on its company page.
Detailed financial statements for MoMark
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of MoMark
4 dated milestones of MoMark across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MoMark is founded.
- Funding First funding round of $149K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $220K.
Top companies in Loyalty & Engagement Platforms
3 companies that operate in the same segment as MoMark (Loyalty & Engagement Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
AI-powered loyalty management software is offered for enterprises. | 2008 | Bengaluru, Karnataka, India | USD 239.1 M | USD 78.34 M | 571 | |
Cloud-based CRM, loyalty, and conversational commerce solutions are delivered. | 2011 | Gurugram, Haryana, India | USD 15.31 M | USD 7.81 M | 264 |
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Related news about Momark
Complete news archive for MoMark
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Frequently Asked Questions about MoMark
MoMark was founded in 2012 and raised its 1st funding round 1 year after it was founded.
MoMark is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
MoMark is a funded company, having raised a total of $1.15M across 4 funding rounds to date. The company's 1st funding round was a Seed of $149.36K, raised on Sep 2013.
MoMark has 1 employees.
The primary company behind MoMark, Momark Services Private Limited, reported revenue of ₹1,740 for FY 2023, down 100% year on year.
MoMark, established in 2012, excels in leveraging cutting-edge technology, software, developing user-friendly mobile apps, and offering loyalty programs. Provides mobile-based loyalty rewards management solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
MoMark has 7 investors. Key investors include L N Bangur Group, ISON Group Africa, YourNest, Indu Sanghi, and Bluetooth.
The valuation of MoMark is $9.79M as of Jan 2017.
MoMark operates through Momark Services Private Limited.
The legal entities of MoMark currently have 2 directors, including Indu Sanghi, Rajesh Kumar Sanghi.