About Mubble
Mubble is a Telecommunications company based in Bengaluru (India) founded in 2013 by Srivardhini Keshavamurthy, and was acquired by Obopay in September 2018. Mobile based prepaid bill application. Mubble has raised $3.21 million across 2 funding rounds from investors including Accel, Obopay and Nandan Nilekani. The company has 19 employees. Mubble was last valued at $10.9 million in October 2015. Its Indian entity Mubble Networks Private Limited reported revenue of ₹1.4 Lakh. Its focus areas include Telecom, OSS & BSS, Business Support System (BSS) and User Location Apps.
Company details
Mubble offers app based automatic bill spend tracking for prepaid users. Provides up to date details regarding call summary, data usage patterns by enabling periodic notifications and warning alerts. Available in multiple Indian languages and enables users to access their bill details offline also. Claims to have a pending patent on-device analytics technology,which enables powerful data crunching on the phone and reduces the need to send data out of smartphones to central servers. Received undisclosed investment from Nandan Nilekani in September 2015 and undisclosed amount in Series A from Accel Partners nearly a month later in October,2015.
- Headquarters Bengaluru, India
- Employees 19
- Founders Srivardhini Keshavamurthy
- Stage Acquired
- SectorsTelecommunications
- Email••••••••
- Website mubble.in
- Social LinkedIn X Facebook
- Acquired by Obopay (Sep 2018)
- Legal Name Mubble Networks Private Limited
- Date of Incorporation 16 Oct, 2012
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Mubble
Mubble operates through Mubble Networks Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mubble Networks Private Limited CIN U72200KA2012PTC066292 | Active | 16 Oct 2012 | Bangalore, Karnataka | ₹0.0 Cr | 19 | 2 | View details |
Funding Insights of Mubble
Mubble has successfully raised a total of $3.21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.75 million completed in October 2015. 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 $3.21M
- Total Rounds 2
- Last Round Series A — $2.75M
- First Round $466,473
(Sep 2015)
- Investors Count 18
All 2 funding rounds of Mubble 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 |
|---|---|---|---|---|---|
| Oct 2015 | $2.75M | Series A | $10.9M | Accel | |
| Sep 2015 | $466,473 | Angel Round | – | Narendra Gogula, Chandramouli Janakiraman |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2015 | $10.9M | •••••••• |
Last known valuation $10.9M (Oct 2015). 19 investors in total: 2 institutional and 17 angel.
Investors in Mubble
Mubble has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Obopay and Nandan Nilekani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Mobile payment solutions for businesses | 2005 | obopay.com | Bengaluru, India | |
NN Nandan Nilekani | unknown_efb109ced8a248019 | |||
NG Narendra Gogula | unknown_f23645ae1a8b4c988 | |||
CJ Chandramouli Janakiraman | unknown_12fe0f9ca5aa4a80b | |||
KS Kavita Surana | unknown_3a0d38c1099a43abb | |||
MM Manoj Manicketh | unknown_215fa259316b45b5a | |||
SM Sujatha Mysore | unknown_8cce60f6d7264e1c9 | |||
MK Manish Kothari | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_e99ebe00ed3a480ba | ||
SS Smaran Somaiah | unknown_698cb0144af34439b |
Investor details for Mubble
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mubble Networks Private Limited (Mubble)
Mubble Networks Private Limited is the primary company behind Mubble. The board of Mubble Networks Private Limited currently have 2 directors; the longest-serving is Ashwin Ramaswamy, appointed in 2013. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashwin Ramaswamy DIN 06396366 | Director | 22 Mar 2013 | 13 yrs 7 mo | Mubble Networks Private Limited |
| Raghvendra Varma DIN 02678201 | Additional Director | 27 Dec 2021 | 4 yrs 10 mo | Mubble Networks Private Limited |
People of Mubble
2 people are tracked at Mubble (2 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Leadership |
Complete people profiles for Mubble
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mubble
Figures of Mubble Networks Private Limited, the primary company behind Mubble, for FY 2020. Revenue was ₹1.4 Lakh (-99% year on year). Net loss was -₹10.5 Lakh (-767% margin). EBITDA was -₹2.5 Lakh (-182% margin). Revenue has grown at a compounded annual rate of -72% over three years and +324% over five years.
- ₹1.4 LakhRevenue · FY 2020 · -99% YoY
- -₹10.5 LakhNet loss · -767% margin
- -₹2.5 LakhEBITDA · -182% margin
- ₹5.7 LakhPaid-up capital
- 19Employees (provident fund records)
- -72%Revenue CAGR, 3 years
- +324%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mubble Networks Private Limited are on its company page.
Detailed financial statements for Mubble
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Mubble
5 dated milestones of Mubble across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Mubble is founded.
- Funding First funding round of $466K.
- Funding Latest funding round, Series A, of $2.7M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Obopay.
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Related news about Mubble
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Frequently Asked Questions about Mubble
Mubble was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Mubble is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mubble is a funded company, having raised a total of $3.21M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $466.47K, raised on Sep 2015.
Mubble has 19 employees.
The primary company behind Mubble, Mubble Networks Private Limited, reported revenue of ₹1.4 Lakh for FY 2020, down 99% year on year.
Mubble offers app based automatic bill spend tracking for prepaid users. Provides up to date details regarding call summary, data usage patterns by enabling periodic notifications and warning alerts. Available in multiple Indian languages and enables users to access their bill details offline also. Claims to have a pending patent on-device analytics technology,which enables powerful data crunching on the phone and reduces the need to send data out of smartphones to central servers. Received undisclosed investment from Nandan Nilekani in September 2015 and undisclosed amount in Series A from Accel Partners nearly a month later in October,2015.
The valuation of Mubble is $10.9M as of Oct 2015.
Mubble operates through Mubble Networks Private Limited.
Yes. Mubble was acquired by Obopay in September 2018.
The legal entities of Mubble currently have 2 directors, including Ashwin Ramaswamy, Raghvendra Varma.