About Multipl
Multipl is a company based in Bengaluru (India) founded in 2020 by Jags Raghavan, Vikas Jain, and Paddy Raghavan. Multipl has raised $5.95 million across 7 funding rounds from investors including Kotak Securities, YourStory and Blume Ventures. The company has 49 employees as of April 08, 2024. Multipl operates in a competitive market with competitors including Tortoise and investu, among others.
- Headquarter Bengaluru, India
- Employees 49 as on 08 Apr, 2024
- Founders Jags Raghavan, Vikas Jain, Paddy Raghavan
- Stage Minicorn
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Sectors
Technology
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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 Multipl Fintech Solutions Private Limited
- Date of Incorporation 12 Sep, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$92.89 K (USD)13449.5as on Mar 31, 2023
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Net Profit
-$692.07 K (USD)-17.24as on Mar 31, 2023
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EBITDA
-$945.09 K (USD)-67.23as on Mar 31, 2023
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Total Equity Funding
$5.95 M (USD)
in 7 rounds
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Latest Funding Round
$295.33 K (USD), Seed
Dec 11, 2025
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Investors
Kotak Securities
& 57 more
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Employee Count
49
as on Apr 08, 2024
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Funding Insights of Multipl
Multipl has successfully raised a total of $5.95M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $295.33 thousand completed in December 2025. 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 Multipl
Multipl has secured backing from 58 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Kotak Securities, YourStory and Blume Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage investments are made across sectors in India.
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Corporate venture capital firm that invests in startups
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Early-stage investments in fintech are targeted by IIFL Fintech Fund.
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Investor details for Multipl
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Investments & Acquisitions by Multipl
Investment portfolio details for Multipl
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Financial Statements - Multipl
Detailed financials for Multipl
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Multipl Comparisons
Peer comparison for Multipl
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Competitors of Multipl
Multipl 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 Tortoise and investu, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Employee device leasing and benefit management solutions are provided.
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An online platform for goal-based investment services for individuals.
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Detailed competitors of Multipl
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Latest news on Multipl
Complete news archive for Multipl
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Frequently Asked Questions about Multipl
Multipl was founded in 2020.
Multipl is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Paddy Raghavan is the current CEO of Multipl. They have also founded this company.
Multipl is a funded company, having raised a total of $5.95M across 7 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Multipl is 49.
Annual revenue of Multipl is $92.89K as on Mar 31, 2023.
Multipl was established in 2020 in Bengaluru, India, as a fintech platform focused on goal-based savings for individuals. Monthly goals are set by users to automate investments, with options to select co-branded partners for savings. Funds can be redeemed directly from brands or withdrawn along with accrued returns. Operations center on personal finance management in the Indian market, supporting structured saving habits.
Multipl has 58 investors. Key investors include Kotak Securities, YourStory, Blume Ventures, MIXI Global Investments, and Paddy Raghavan.
The valuation of Multipl is $10.47M as of Jul 2024.