
About MyLoc
MyLoc is a Technology company based in Bengaluru (India) founded in 2019. Digital address creation and sharing services are provided by MyLoc. The company has 47 employees. MyLoc has completed 1 acquisition, including WIIT. Its Indian entity Nfaktor Solutions Private Limited reported revenue of βΉ7.88 Cr. MyLoc offers products and services including MyLoc Pin and User Registration Service. Its focus areas include Online Platforms, User Services, Digital Verification and Digital Services.
Company details
MyLoc is a platform that connects postal addresses to digital equivalents, where digital names are generated for various locations in a streamlined process. A MyLoc Pin is created and shared to simplify location identification, with user registration required to own these pins. Support is made available through FAQs, videos, and contact options, while terms and policies are agreed upon for data handling. This service is operated under nFaktor, focusing on efficient address management without promotional emphasis. Overall, digital address solutions are offered to enhance connectivity in everyday use.
- Annual Revenue₹7.88 Cr
FY 2024 · +12% YoY
- Net Profit₹53.9 Lakh
FY 2024 · 7% margin
- EBITDA₹1.13 Cr
FY 2024 · 14% margin
- Employee Count47
- Investments & Acquisitions
Associated legal entities of MyLoc
MyLoc operates through Nfaktor Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nfaktor Solutions Private Limited CIN U72200KA2012PTC064620 | Active | 28 Jun 2012 | Bangalore, Karnataka | ₹7.9 Cr | 47 | 3 | View details |
Products & Services of MyLoc
MyLoc offers a comprehensive portfolio of products and services, including MyLoc Pin and User Registration Service.
Digital pins are created for addresses to facilitate sharing and connection of postal locations
Accounts are registered to enable ownership of digital locations and pins
Apps and channels of MyLoc
MyLoc publishes 2 mobile apps with over 100K+ downloads.
Board of directors of Nfaktor Solutions Private Limited (MyLoc)
Nfaktor Solutions Private Limited is the primary company behind MyLoc. The board of Nfaktor Solutions Private Limited currently have 3 directors; the longest-serving is Someshwar Sinha, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Someshwar Sinha DIN 05263320 | Director | 28 Jun 2012 | 14 yrs 4 mo | Nfaktor Solutions Private Limited |
| Kajal Sinha DIN 05263277 | Director | 28 Jun 2012 | 14 yrs 4 mo | Nfaktor Solutions Private Limited |
| Niladri Sinha DIN 05263317 | Director | 26 Aug 2014 | 12 yrs 2 mo | Nfaktor Solutions Private Limited |
Financials of MyLoc
Figures of Nfaktor Solutions Private Limited, the primary company behind MyLoc, for FY 2024. Revenue was ₹7.88 Cr (+12% year on year). Net profit was ₹53.9 Lakh (7% margin). EBITDA was ₹1.13 Cr (14% margin). Revenue has grown at a compounded annual rate of +26% over three years and +16% over five years.
- ₹7.88 CrRevenue · FY 2024 · +12% YoY
- ₹53.9 LakhNet profit · 7% margin
- ₹1.13 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 47Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nfaktor Solutions Private Limited are on its company page.
Detailed financial statements for MyLoc
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by MyLoc
MyLoc has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WIIT.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Infrastructure as a service is provided to enterprises for applications. | global.de | Munich, Germany | 1996 | Jan 2023 | β’β’β’β’ |
Complete acquisition details for MyLoc
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Deal sources
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Timeline of MyLoc
2 dated milestones of MyLoc across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MyLoc is founded.
- Acquisition Acquires WIIT.
Web traffic of MyLoc
The website of MyLoc (myloc.in) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 23.6% vs previous month
Top companies in Digital Identity & Transaction Management
2 companies that operate in the same segment as MyLoc (Digital Identity & Transaction Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered software for contract drafting and management is provided. | 2017 | India | USD 112.95 M | USD 2.43 M | 162 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 76.01 M | 604 |
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Related news about Myloc
Complete news archive for MyLoc
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Frequently Asked Questions about MyLoc
MyLoc was founded in 2019.
MyLoc is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MyLoc has 47 employees.
The primary company behind MyLoc, Nfaktor Solutions Private Limited, reported revenue of βΉ7.88 Cr for FY 2024, up 12% year on year.
MyLoc is a platform that connects postal addresses to digital equivalents, where digital names are generated for various locations in a streamlined process. A MyLoc Pin is created and shared to simplify location identification, with user registration required to own these pins. Support is made available through FAQs, videos, and contact options, while terms and policies are agreed upon for data handling. This service is operated under nFaktor, focusing on efficient address management without promotional emphasis. Overall, digital address solutions are offered to enhance connectivity in everyday use.
MyLoc offers MyLoc Pin and User Registration Service.
MyLoc has made 1 acquisition, including WIIT.
MyLoc operates through Nfaktor Solutions Private Limited.
The legal entities of MyLoc currently have 3 directors, including Niladri Sinha, Someshwar Sinha, Kajal Sinha.
Yes. MyLoc publishes MyLoc - Name your Location and 1 more app, with over 100,000 downloads.
