Mydala

Delhi, India Founded: 2009 • Age: 17 yrs
Online deals, discounts, and local services are offered to users.
Annual revenue $812,572 Latest available
Total funding $10.8M 5 rounds
Employees 11 Tracked headcount
Investors 17 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Mydala

Mydala is a company based in Delhi (India) founded in 2009 by Anisha Singh. Mydala has raised $10.8 million across 5 funding rounds from investors including Info Edge, HT Media and Equirus Capital. The company has 11 employees as of April 07, 2024. Mydala offers products and services including Cashback Service, Deals Platform, and Category Deals. Mydala operates in a competitive market with competitors including Magicpin, Little Internet, Groupon, NearBuy and DealsAndYou, among others.

  • Headquarter Delhi, India
  • Employees 11 as on 07 Apr, 2024
  • Founders Anisha Singh
  • Stage Minicorn
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Kinobeo Software Private Limited
  • Date of Incorporation 05 Jan, 2007
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $812.57 K (USD)
    -6.72
    as on Mar 31, 2022
  • Net Profit
    -$67.83 K (USD)
    -155.35
    as on Mar 31, 2022
  • EBITDA
    -$44.02 K (USD)
    -176.59
    as on Mar 31, 2022
  • Total Equity Funding
    $10.8 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.95 M (USD), Series A

    Jul 24, 2015

  • Investors
    Info Edge

    & 16 more

  • Employee Count
    11

    as on Apr 07, 2024

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Products & Services of Mydala

Mydala offers a comprehensive portfolio of products and services, including Cashback Service, Deals Platform, and Category Deals.

Product name locked
Category locked
Primary

Provides cashback on purchases from partner websites

Product name locked
Category locked
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Offers discounts and promotions across various categories

Product name locked
Category locked
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Features deals in banking, education, and electronics for users

Funding Insights of Mydala

Mydala has successfully raised a total of $10.8M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.95 million completed in July 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.

Investors in Mydala

Mydala has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, HT Media and Equirus Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in early-stage startups are made by Brand Capital.
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Print, digital, and radio media platforms are operated.
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Offers origination and servicing for commercial mortgage loans nationwide.
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Investor details for Mydala

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Mydala

Investments
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Investment portfolio details for Mydala

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Mydala

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Detailed financials for Mydala

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  • Profit trends
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Mydala Comparisons

Mydala Primary company
Description
Online deals, discounts, and local services are offered to u...
Location
Delhi, India
Founded Year
2009
Annual Revenue
$812.57 K (USD)
Net Profit
-$67.83 K (USD)
EBITDA
-$44.02 K (USD)
Employees
11
As of 2024
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Peer comparison for Mydala

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Mydala

Mydala 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 Magicpin, Little Internet, Groupon, NearBuy and DealsAndYou, among others.

Company Name Domain Founded year HQ Location Description
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Offers a platform that rewards customers for visiting partner businesses.
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Hyperlocal deals are aggregated via a mobile app platform.
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Online marketplace offering deals on multi-category products and services
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Deals and coupons from nearby merchants are aggregated online.
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Online shopping platform with local deals
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Deals for multi-category products from nearby shops are provided.
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Detailed competitors of Mydala

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Latest news on Mydala

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Complete news archive for Mydala

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Frequently Asked Questions about Mydala

Mydala was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Mydala is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Mydala is a funded company, having raised a total of $10.8M across 5 funding rounds to date.

As of Apr 07, 2024, the latest employee count at Mydala is 11.

Annual revenue of Mydala is $812.57K as on Mar 31, 2022.

Mydala was founded in 2009 and is headquartered in Delhi, India. An online platform is operated to provide curated deals and discounts on dining, services, events, and retail options. Users are assisted in discovering value through everyday choices in the local market. The service focuses on the e-commerce and consumer deals sector, with operations centered in India.

Mydala's top competitors include Groupon, NearBuy and Little Internet.

Mydala offers Cashback Service, Deals Platform, and Category Deals.

Mydala has 17 investors. Key investors include Info Edge, HT Media, Equirus Capital, APS Group, and Brand Capital.

The valuation of Mydala is $97.15M as of Jul 2015.

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