About My Mandi
My Mandi is a company based in Gwalior (India) founded in 2021 by Suryansh Rana and Mahanaaryaman Scindia. My Mandi has raised $2.06 million across 3 funding rounds from investors including Angel List, LetsVenture and Real Time Accelerator Fund. The company has 129 employees as of March 21, 2024. My Mandi offers products and services including QR-Enabled Platform and Mobile App. My Mandi operates in a competitive market with competitors including Nearbybazar, FyFly, BookMyCanopy, Obolify and BuzzMeDo, among others.
- Headquarter Gwalior, India
- Employees 129 as on 21 Mar, 2024
- Founders Suryansh Rana, Mahanaaryaman Scindia
- Stage Minicorn
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Hyper Grocers Private Limited
- Date of Incorporation 27 Oct, 2021
- Jurisdiction Gird, Madhya Pradesh, India
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Annual Revenue
$27.58 K (USD)0as on Mar 31, 2022
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Net Profit
-$4.16 K (USD)0as on Mar 31, 2022
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EBITDA
-$5.46 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$2.06 M (USD)
in 3 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Sep 28, 2023
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Investors
Angel List
& 10 more
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Employee Count
129
as on Mar 21, 2024
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Products & Services of My Mandi
My Mandi offers a comprehensive portfolio of products and services, including QR-Enabled Platform and Mobile App.
Facilitates online grocery ordering and pickup from kirana stores.
Enables users to order regional products with fast fulfillment.
Funding Insights of My Mandi
My Mandi has successfully raised a total of $2.06M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in September 2023. 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 My Mandi
My Mandi has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and Real Time Accelerator Fund.
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Angel investing and mentorship for early-stage startups in India.
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Early-stage tech startups are supported via venture capital and acceleration.
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Sector-agnostic VC investment company investing globally
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Investor details for My Mandi
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Investments & Acquisitions by My Mandi
Investment portfolio details for My Mandi
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Financial Statements - My Mandi
Detailed financials for My Mandi
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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My Mandi Comparisons
Peer comparison for My Mandi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of My Mandi
My Mandi 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 Nearbybazar, FyFly, BookMyCanopy, Obolify and BuzzMeDo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Solutions for online hyperlocal stores are provided to businesses.
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Offers an app-based software suite for hyperlocal e-commerce businesses.
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Operates an internet radio platform with live and on-demand audio content.
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Platform for users to find, reserve, and purchase local products via app and website.
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Delivers mobile marketing solutions for hyperlocal coupon discovery and engagement.
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Detailed competitors of My Mandi
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on My Mandi
Complete news archive for My Mandi
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Frequently Asked Questions about My Mandi
My Mandi was founded in 2021 and raised its 1st funding round 1 year after it was founded.
My Mandi is headquartered in Gwalior, India. It is registered at Gwalior, Madhya Pradesh, India.
My Mandi is a funded company, having raised a total of $2.06M across 3 funding rounds to date.
As of Mar 21, 2024, the latest employee count at My Mandi is 129.
Annual revenue of My Mandi is $27.58K as on Mar 31, 2022.
My Mandi was established in 2021 in Gwalior, India, as a provider of software solutions tailored to hyperlocal businesses, particularly last-mile grocery vendors. Services include digital storefronts, branding support, strategic planning, financing options, electric vehicle rentals, supply chain oversight, and distribution infrastructure. Operations focus on enabling efficient local commerce within the Indian market.
My Mandi's top competitors include Nearbybazar, BookMyCanopy and FyFly.
My Mandi offers QR-Enabled Platform and Mobile App.
My Mandi has 11 investors. Key investors include Angel List, LetsVenture, Real Time Accelerator Fund, Earthfinancialadvisors, and IIMA Ventures.
The valuation of My Mandi is $8.12M as of May 2023.