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
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Kinobeo Software Private Limited
- Date of Incorporation 05 Jan, 2007
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$812.57 K (USD)-6.72as on Mar 31, 2022
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Net Profit
-$67.83 K (USD)-155.35as on Mar 31, 2022
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EBITDA
-$44.02 K (USD)-176.59as on Mar 31, 2022
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Total Equity Funding
$10.8 M (USD)
in 5 rounds
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Latest Funding Round
$2.95 M (USD), Series A
Jul 24, 2015
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Investors
Info Edge
& 16 more
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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.
Provides cashback on purchases from partner websites
Offers discounts and promotions across various categories
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $2.9M
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First Round
First Round
(11 Mar 2011)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series A - Mydala | Valuation | HT Media | |
| Jul, 2014 | Amount | Series A - Mydala | Valuation | Q10 Capital | |
| Oct, 2011 | Amount | Series A - Mydala | Valuation | Info Edge |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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Print, digital, and radio media platforms are operated.
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Founded Year | Domain | Location | |
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Offers origination and servicing for commercial mortgage loans nationwide.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mydala
Financial Statements - Mydala
Mydala Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers a platform that rewards customers for visiting partner businesses.
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| domain | founded_year | HQ Location |
Hyperlocal deals are aggregated via a mobile app platform.
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| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Deals and coupons from nearby merchants are aggregated online.
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| domain | founded_year | HQ Location |
Online shopping platform with local deals
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| domain | founded_year | HQ Location |
Deals for multi-category products from nearby shops are provided.
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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. The company's 1st funding round was a Series A of $3.57M, raised on Mar 11, 2011.
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.