MyPoolin

Delhi, India Founded: 2014 • Age: 12 yrs Acquired By Wibmo
Online platform for money pooling
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About MyPoolin

MyPoolin is a company based in Delhi (India) founded in 2014 by Rohit Taneja was acquired by Wibmo in March 2018.. MyPoolin has raised $250 thousand across 2 funding rounds from investors including Accel, Wibmo and Qualcomm Ventures. MyPoolin operates in a competitive market with competitors including Shelfpay, JoinSub, PoolWallet, VeeSplit and PayMyRent, among others.

Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $202.12 (USD)
    129.18
    as on Mar 31, 2023
  • Net Profit
    $-7.1 K (USD)
    -14000.47
    as on Mar 31, 2023
  • EBITDA
    $-6.66 K (USD)
    -18500.64
    as on Mar 31, 2023
  • Total Equity Funding
    $250 K (USD)

    in 2 rounds

  • Latest Funding Round
    $250 K (USD), Seed

    Aug 08, 2015

  • Investors
    Accel

    & 13 more

  • Employee Count
    Employee Count
  • Acquired by
    Wibmo

    (Mar 14, 2018)

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Funding Insights of MyPoolin

MyPoolin has successfully raised a total of $250K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in August 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 Rounds 2
  • Last Round Seed — $250,000
  • First Round
  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2015 Amount Seed - MyPoolin Valuation

investors

Jun, 2015 Amount Angel Round - MyPoolin Valuation Gautam Gandhi
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MyPoolin

MyPoolin has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Wibmo and Qualcomm Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investing in technology sectors such as AI and automotive.
Founded Year Domain Location
Accel is recognized as a leading venture capital firm.
Founded Year Domain Location

Rajan Anandan

Managing Director at Peak XV, ex-Google India head, prolific angel investor
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MyPoolin

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MyPoolin

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mypoolin Comparisons

Employees
+
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Competitors of MyPoolin

MyPoolin 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 Shelfpay, JoinSub, PoolWallet, VeeSplit and PayMyRent, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of a platform to manage and control spending
domain founded_year HQ Location
Customer engagement and retention solutions are provided through subscription management.
domain founded_year HQ Location
Money pooling based mobile app
domain founded_year HQ Location
A solution for splitting payments conveniently among consumers.
domain founded_year HQ Location
A platform for seamless rent and bills payment services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mypoolin

Frequently Asked Questions about MyPoolin

When was MyPoolin founded?

MyPoolin was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is MyPoolin located?

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

Is MyPoolin a funded company?

MyPoolin is a funded company, having raised a total of $250K across 2 funding rounds to date.

What is the annual revenue of MyPoolin?

Annual revenue of MyPoolin is $202.12 as on Mar 31, 2023.

What does MyPoolin do?

Mypoolin is an online platform that allows users to aggregate money for various activities. Users can enter the details of the requirement, the cause of pooling the money and start the project on the platform post which they can invite other users to pool in money. The event creator will receive the money once the assignment reaches a minimum level. Has facilitated over 2,000 pools as of Aug 15. Raised seed funding from a group of angel investors including Sharad Sharma (iSPIRT), Rajan Anandan (MD Google India) and others in June 15. Won 250k for winning the fifth edition of QPrize, Qualcomm Ventures early-stage investment competition. In Sept 2016, MyPoolin integrated UPI option for payment settlement.

Who are the top competitors of MyPoolin?

MyPoolin's top competitors include Shelfpay, JoinSub and PoolWallet.

Who are MyPoolin's investors?

MyPoolin has 14 investors. Key investors include Accel, Wibmo, Qualcomm Ventures, Rajan Anandan, and Sharad Sharma.

What is MyPoolin's valuation?

The valuation of MyPoolin is $729.39K as of Jun 2015.

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