About Mosambee
Mosambee is a company based in Mumbai (India) founded in 2011 by Bhushan Thaker and Alok Arora was acquired by Pine Labs in April 2022. Mosambee has raised $5.14 million across 8 funding rounds from investors including Pine Labs, SIDBI Venture Capital and Rajasthan Venture Capital Fund. Mosambee offers products and services including Tap on Phone, Online Store, Super App, and Business Tools. Mosambee operates in a competitive market with competitors including PayRange, FreedomPay, CM Telecom, QueueBuster and CardSpring, among others.
- Headquarter Mumbai, India
- Founders Bhushan Thaker, Alok Arora
- Stage Minicorn
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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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- Legal Name Synergistic Financial Networks Private Limited
- Date of Incorporation 12 Mar, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$22.55 M (USD)31.66as on Mar 31, 2023
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Net Profit
$1.82 M (USD)-29.59as on Mar 31, 2023
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EBITDA
$3 M (USD)-26.21as on Mar 31, 2023
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Total Equity Funding
$5.14 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
Pine Labs
& 56 more
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Employee Count
Not available
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Acquired by
Pine Labs
(Apr 13, 2022)
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Products & Services of Mosambee
Mosambee offers a comprehensive portfolio of products and services, including Tap on Phone, Online Store, Super App, and Business Tools.
Enables contactless card payments using NFC on mobile devices.
Allows businesses to create and manage digital shops online.
Streamlines payments, analytics, and operations in one application.
Includes loan applications and inventory management for efficiency.
Funding Insights of Mosambee
Mosambee has successfully raised a total of $5.14M across 8 strategic funding rounds. 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 Mosambee
Mosambee has secured backing from 57 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Pine Labs, SIDBI Venture Capital and Rajasthan Venture Capital Fund.
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Venture capital fund investing in multiple sectors
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Venture capital management for SMEs and startups in India.
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Investors are connected with startups via an online platform.
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Investor details for Mosambee
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mosambee
Investment portfolio details for Mosambee
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Mosambee
Detailed financials for Mosambee
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Mosambee Comparisons
Peer comparison for Mosambee
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Mosambee
Mosambee 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 PayRange, FreedomPay, CM Telecom, QueueBuster and CardSpring, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile payments for vending machines are facilitated via smartphone app.
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Online payment gateway and MPOS solutions are offered to businesses.
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Provider of engagement platform with AI agents and unified data tools
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All-in-one POS and business management system is provided.
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Mobile applications are connected to payment cards via APIs.
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Android devices are converted into POS systems for contactless payments.
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Detailed competitors of Mosambee
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- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mosambee
Complete news archive for Mosambee
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Mosambee
Mosambee was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Mosambee is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Alok Arora is the current CEO of Mosambee. They have also founded this company.
Mosambee is a funded company, having raised a total of $5.14M across 8 funding rounds to date.
Annual revenue of Mosambee is $22.55M as on Mar 31, 2023.
Mosambee was founded in 2011 in Mumbai, India, and operates in the fintech sector focused on payment processing. A compliant tablet-based mobile point-of-sale system is provided, enabling end-to-end handling of bank transfers, cash, cheques, debit, and credit card transactions. Vendors are supported through an EMV device that connects via Bluetooth to mobile phones, allowing merchants to manage sales with various payment methods.
Mosambee's top competitors include PayRange, FreedomPay and CM Telecom.
Mosambee offers Tap on Phone, Online Store, Super App, and Business Tools.
Mosambee has 57 investors. Key investors include Pine Labs, SIDBI Venture Capital, Rajasthan Venture Capital Fund, Startup.Inc, and Girija Ram.
The valuation of Mosambee is $55.43M as of Sep 2021.