Money On Mobile

Mumbai, India Founded: 2006 • Age: 20 yrs
Mobile bill payment platform is offered for recharges and transactions.
Annual revenue $4.3M Latest available
Total funding $574,332 8 rounds
Employees 24 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.26 M (USD)
    -32
    as on Mar 31, 2017
  • Net Profit
    -$10.01 M (USD)
    37
    as on Mar 31, 2017
  • EBITDA
    -$12.43 M (USD)
    26
    as on Mar 31, 2017
  • Total Equity Funding
    $574.33 K (USD)

    in 8 rounds

  • Latest Funding Round
    $5 M (USD), Post-IPO

    Feb 12, 2018

  • Investors
  • 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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward India and Russia.
Locked Locked Locked
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Investor details for Money On Mobile

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Investments & Acquisitions by Money On Mobile

Investments
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Investment portfolio details for Money On Mobile

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Financial Statements - Money On Mobile

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Detailed financials for Money On Mobile

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Money On Mobile Comparisons

Money On Mobile Primary company
Description
Mobile bill payment platform is offered for recharges and tr...
Location
Mumbai, India
Founded Year
2006
Annual Revenue
$4.26 M (USD)
Net Profit
-$10.01 M (USD)
EBITDA
-$12.43 M (USD)
Employees
24
As of 2018
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Peer comparison for Money On Mobile

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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
Locked Locked Locked
Rent payments and collections are streamlined via a SaaS platform.
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Provides a platform for comprehensive digital coupon solutions to enhance online shopping.
Locked Locked Locked
Digital platform for mobile recharges, bill payments, and gold investments services.
Locked Locked Locked
Digital wallet for mobile recharges, utility payments, and travel services.
Locked Locked Locked
Provides a mobile app for convenient mobile recharges and bill payments.
Locked Locked Locked
Provides FinTech solutions for smart payments, microfinance, and transaction automation services.
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Detailed competitors of Money On Mobile

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Latest news on Money On Mobile

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Complete news archive for Money On Mobile

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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.

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.

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