About Money On Mobile
Money On Mobile is a company based in Mumbai (India) founded in 2006 by Ranjeet Oak, Shashank Joshi, Jolly Mathur, and Rajat Sharma. Money On Mobile has raised $574.33 thousand across 8 funding rounds from investors including S7 Group. The company has 24 employees as of July 31, 2018. Money On Mobile operates in a competitive market with competitors including Paymatrix, Komparify, EG Payment, Payrup and Paulpay, among others.
- Headquarter Mumbai, India
- Employees 24 as on 31 Jul, 2018
- Founders Ranjeet Oak, Shashank Joshi, Jolly Mathur, Rajat Sharma
- Stage Public
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$4.26 M (USD)-32as on Mar 31, 2017
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Net Profit
-$10.01 M (USD)37as on Mar 31, 2017
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EBITDA
-$12.43 M (USD)26as on Mar 31, 2017
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Total Equity Funding
$574.33 K (USD)
in 8 rounds
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Latest Funding Round
$5 M (USD), Post-IPO
Feb 12, 2018
- Investors
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Employee Count
24
as on Jul 31, 2018
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Funding Insights of Money On Mobile
Money On Mobile has successfully raised a total of $574.33K across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5 million completed in February 2018. 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 8
- Last Round Post-IPO — $5.0M
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First Round
First Round
(31 Mar 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Post-IPO - Money On Mobile | Valuation |
investors |
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| Jan, 2018 | Amount | Post-IPO - Money On Mobile | Valuation |
investors |
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| Jan, 2018 | Amount | Post-IPO - Money On Mobile | Valuation |
investors |
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Investors in Money On Mobile
Money On Mobile has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include S7 Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward India and Russia.
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Founded Year | Domain | Location |
Investments & Acquisitions by Money On Mobile
Financial Statements - Money On Mobile
Money On Mobile Comparisons
Competitors of Money On Mobile
Money On Mobile operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paymatrix, Komparify, EG Payment, Payrup and Paulpay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Rent payments and collections are streamlined via a SaaS platform.
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| domain | founded_year | HQ Location |
Provides a platform for comprehensive digital coupon solutions to enhance online shopping.
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| domain | founded_year | HQ Location |
Digital platform for mobile recharges, bill payments, and gold investments services.
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| domain | founded_year | HQ Location |
Digital wallet for mobile recharges, utility payments, and travel services.
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| domain | founded_year | HQ Location |
Provides a mobile app for convenient mobile recharges and bill payments.
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| domain | founded_year | HQ Location |
Provides FinTech solutions for smart payments, microfinance, and transaction automation services.
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Frequently Asked Questions about Money On Mobile
Money On Mobile was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Money On Mobile is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Money On Mobile is a funded company, having raised a total of $574.33K across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $5.7M, raised on Mar 31, 2011.
As of Jul 31, 2018, the latest employee count at Money On Mobile is 24.
Annual revenue of Money On Mobile is $4.26M as on Mar 31, 2017.
Founded in 2006 in Mumbai, India, Money On Mobile operates in the fintech sector. A mobile bill payment platform is provided, enabling users to handle payments for utilities, mobile and DTH recharges, travel tickets, and insurance premiums. Financial transactions are facilitated through retail outlets and digital channels, supporting accessibility across various user needs in the Indian market.
Money On Mobile's top competitors include Paymatrix, Komparify and Paytm Payments.
Money On Mobile has 1 investor. Key investors include S7 Group.