MYn

Bengaluru, India Founded: 2021 • Age: 5 yrs Minicorn
A super app is provided for multi-category products and services.

About MYn

MYn is a Retail company based in Bengaluru (India) founded in 2021 by Akash Murthy and Abhishek Kumar Singh. A super app is provided for multi-category products and services. MYn has raised $149.61 thousand across 2 funding rounds from investors including Srinivas Ranganath, Bhemaiah Chinapa Kalengada and Sanidhya Saroj. The company has 1 employees. MYn was last valued at $10.54 million in December 2021. Its Indian entity Multi-Verse Technologies Private Limited reported revenue of β‚Ή4.91 Cr. Its focus areas include Horizontal E-Commerce and Super Apps. Its competitors include Magicpin, Tata Digital and Tapzo; 2 of its 3 listed competitors have raised funding.

Company details

The company was founded in 2021 in Bengaluru, India, and operates in the e-commerce and digital services sector. A mobile super app is offered to users on Android and iOS platforms, featuring products across categories such as fashion, accessories, home decor, electronics, and beauty. Social functionalities including chat and video calls are integrated, along with cloud storage for photos and videos. Operations are centered in India with global domain access.

  • Headquarters Bengaluru, India
  • Employees 1
  • Founders Akash Murthy, Abhishek Kumar Singh
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website myn.global
  • Social LinkedIn X Facebook
  • Legal Name Multi-Verse Technologies Private Limited
  • Date of Incorporation 17 May, 2020
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹4.91 Cr

    FY 2023 · +102138% YoY

  • Net Loss
    -₹19.53 Cr

    FY 2023 · -398% margin

  • EBITDA
    -₹18.43 Cr

    FY 2023 · -376% margin

  • Total Equity Funding
    $149.61K (USD)

    in 2 rounds

  • Latest Funding Round
    $55.41K (USD), Angel Round

    Dec 2021

  • Employee Count
    1

Funding Insights of MYn

MYn has successfully raised a total of $149.61K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $55.41 thousand completed in December 2021. 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 $149,610
  • Total Rounds 2
  • Last Round Angel Round β€” $55,407
  • First Round $94,203

    (Aug 2021)

  • Investors Count 16

All 2 funding rounds of MYn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$55,407Angel Round$10.54MSrinivas Ranganath
Aug 2021$94,203Angel Round$457,780Danish Sait
Valuation history
DateValuationStage
Dec 2021$10.54Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $10.54M (Dec 2021). 16 investors in total: 0 institutional and 16 angel.

Investors in MYn

MYn has secured backing from 16 investors, including angel investors. Prominent investors backing the company include Srinivas Ranganath, Bhemaiah Chinapa Kalengada and Sanidhya Saroj.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Srinivas Ranganath

unknown_415fcd3314dc42d79

Bhemaiah Chinapa Kalengada

unknown_f0b8b04eed104a129

Sanidhya Saroj

unknown_7432a0acc43449788

Danish Sait

unknown_a2c8d0941c5043fd8

Bhaskar Varma

unknown_94da61d4684243c4b

Viral Bakulesh Thakkar

unknown_29b62db0d45c4a898

Krupal Madhav Parchure

unknown_1bd4db8d793a4eec9

Salim Merchant

unknown_d188a8476a444927b

Geetanjali Malik

unknown_a6bbd36431cd4fadb

Saad Salman

unknown_b7221d14740b4f879
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Investor details for MYn

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Multi-Verse Technologies Private Limited (MYn)

Multi-Verse Technologies Private Limited is the primary company behind MYn. The boards of the 2 registered companies of MYn currently have 5 directors; the longest-serving is Ritesh Khandelwal, appointed in 2020. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ritesh Khandelwal
DIN 00113619
Director17 May 20206 yrs 5 moMulti-Verse Technologies Private Limited
Srinivas Rajgopal Anasapurapu
DIN 05146736
Director17 May 20206 yrs 5 moMulti-Verse Technologies Private Limited
Shirley Mathew
DIN 07450313
IRP/RP/Liquidator12 Nov 20241 yr 11 moMulti-Verse Technologies Private Limited
Kunal Sharma
DIN 11453686
Director20 Dec 202510 moMultiverse Retails Private Limited
Aman
DIN 11453682
Director20 Dec 202510 moMultiverse Retails Private Limited

People of MYn

2 people are tracked at MYn (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Akash Murthy
Co-FounderLeadership
Abhishek Kumar Singh
Co-FounderLeadership
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Complete people profiles for MYn

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of MYn

Figures of Multi-Verse Technologies Private Limited, the primary company behind MYn, for FY 2023. Revenue was ₹4.91 Cr (+102138% year on year). Net loss was -₹19.53 Cr (-398% margin). EBITDA was -₹18.43 Cr (-376% margin).

  • ₹4.91 CrRevenue · FY 2023 · +102138% YoY
  • -₹19.53 CrNet loss · -398% margin
  • -₹18.43 CrEBITDA · -376% margin
  • ₹5.7 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Multi-Verse Technologies Private Limited are on its company page.

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Detailed financial statements for MYn

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of MYn

4 dated milestones of MYn, from founding to its latest funding, stage changes and deals.

  1. Founded MYn is founded.
  2. Funding First funding round of $94K.
  3. Funding Latest funding round, Angel Round, of $55K.
  4. Milestone Reaches Minicorn status.

Competitors of MYn

MYn has 3 listed competitors in our database, 2 of them funded. They include Magicpin, Tata Digital and Tapzo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
magicpin.com2015Gurugram, India$104.41M843
Offers a platform that rewards customers for visiting partner businesses.
tatadigital.com2019Mumbai, India835
Delivers a comprehensive super-app for multi-category products and services.
tapzo.com2010Bengaluru, India$38.74M10
Provider of sustainable smart business cards
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Detailed competitors of MYn

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Marketplaces & General E-Commerce

2 companies that operate in the same segment as MYn (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 BUSD 9.83 B18,938
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
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Frequently Asked Questions about MYn

MYn was founded in 2021.

MYn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

MYn is a funded company, having raised a total of $149.61K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $94.2K, raised on Aug 2021.

The primary company behind MYn, Multi-Verse Technologies Private Limited, reported revenue of β‚Ή4.91 Cr for FY 2023, up 102138% year on year.

The company was founded in 2021 in Bengaluru, India, and operates in the e-commerce and digital services sector. A mobile super app is offered to users on Android and iOS platforms, featuring products across categories such as fashion, accessories, home decor, electronics, and beauty. Social functionalities including chat and video calls are integrated, along with cloud storage for photos and videos. Operations are centered in India with global domain access.

MYn's top competitors include Tata Digital, Tapzo and Magicpin.

MYn has 16 investors. Key investors include Srinivas Ranganath, Bhemaiah Chinapa Kalengada, Sanidhya Saroj, Danish Sait, and Bhaskar Varma.

The valuation of MYn is $10.54M as of Dec 2021.

MYn is associated with 2 legal entities: Multi-Verse Technologies Private Limited, Multiverse Retails Private Limited.

The legal entities of MYn currently have 5 directors, including Kunal Sharma, Aman, Ritesh Khandelwal and others.

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