About MyRocket
MyRocket is a company based in Bengaluru (India) founded in 2014 by Kunal Jadhav was acquired by Better Place in October 2021.. MyRocket has raised $5.06 million across 1 funding round from investors including Better Place, Inventus Capital Partners and Chiratae Ventures. The company has 419 employees as of August 31, 2023. MyRocket operates in a competitive market with competitors including Glassdoor, LinkedIn, Apna, Naukri.com and Unstop, among others.
- Headquarter Bengaluru, India
- Employees 419 as on 31 Aug, 2023
- Founders Kunal Jadhav
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.06 M (USD)
in 1 rounds
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Latest Funding Round
$5.06 M (USD), Series A
Nov 04, 2015
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Investors
Better Place
& 3 more
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Employee Count
419
as on Aug 31, 2023
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Acquired by
Better Place
(Oct 27, 2021)
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Funding Insights of MyRocket
MyRocket has successfully raised a total of $5.06M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.06 million completed in November 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 1
- Last Round Series A — $5.1M
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First Round
First Round
(04 Nov 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series A - MyRocket | Valuation | Lightrock India |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MyRocket
MyRocket has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Better Place, Inventus Capital Partners and Chiratae 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MyRocket
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MyRocket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Myrocket Comparisons
Competitors of MyRocket
MyRocket 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 Glassdoor, LinkedIn, Apna, Naukri.com and Unstop, 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.
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Anonymous employee reviews and job search platform are operated.
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Professional networking, job recruitment, and career tools are provided.
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Developer of AI‑powered job marketplace connecting early career talent
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| domain | founded_year | HQ Location |
Multi-industry hiring solutions are facilitated via an online job board.
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Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Aggregator of job postings and provider of job search tools
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MyRocket
When was MyRocket founded?
MyRocket was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is MyRocket located?
MyRocket is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is MyRocket a funded company?
MyRocket is a funded company, having raised a total of $5.06M across 1 funding round to date. The company's 1st funding round was a Series A of $5.06M, raised on Nov 04, 2015.
How many employees does MyRocket have?
As of Aug 31, 2023, the latest employee count at MyRocket is 419.
What does MyRocket do?
Founded in 2014 in Bengaluru, India, the platform operates as an online job board serving sectors such as banking, HR, accounting, and sales. Jobs are searched and matched based on user skills, categories, locations, and salary ranges. Access is provided through the Google Play Store for mobile users seeking employment opportunities across industries.
Who are the top competitors of MyRocket?
Who are MyRocket's investors?
MyRocket has 4 investors. Key investors include Better Place, Inventus Capital Partners, Chiratae Ventures, and Lightrock India.