About Niffler
Niffler is a company based in Mumbai (India) founded in 2013 was acquired by Helpch in September 2015. Niffler has raised $1.3 million across 2 funding rounds from investors including Elevation Capital, Elevation Capital and Helpch. Niffler operates in a competitive market with competitors including Magicpin, Groupon, Little Internet, NearBuy and DealsAndYou, among others.
- Headquarter Mumbai, India
- 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 Niffler Labs Private Limited
- Date of Incorporation 28 Jul, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.92 K (USD)0as on Mar 31, 2015
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Net Profit
-$87.15 K (USD)0as on Mar 31, 2015
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EBITDA
-$89.22 K (USD)0as on Mar 31, 2015
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Total Equity Funding
$1.3 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Mar 04, 2015
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Investors
Elevation Capital
& 2 more
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Employee Count
Not available
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Acquired by
Helpch
(Sep 25, 2015)
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Funding Insights of Niffler
Niffler has successfully raised a total of $1.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in March 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.
Investors in Niffler
Niffler has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Elevation Capital, Elevation Capital and Helpch.
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Elevation Capital is focused on early-stage tech investments in India.
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Multiple sectors in India are invested in by SAIF Partners.
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Investor details for Niffler
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Investments & Acquisitions by Niffler
Investment portfolio details for Niffler
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Financial Statements - Niffler
Detailed financials for Niffler
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Niffler Comparisons
Peer comparison for Niffler
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Competitors of Niffler
Niffler 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, Groupon, Little Internet, NearBuy and DealsAndYou, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers a platform that rewards customers for visiting partner businesses.
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Online marketplace offering deals on multi-category products and services
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Hyperlocal deals are aggregated via a mobile app platform.
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Deals and coupons from nearby merchants are aggregated online.
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Online shopping platform with local deals
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Deals for multi-category products from nearby shops are provided.
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Detailed competitors of Niffler
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Latest news on Niffler
Complete news archive for Niffler
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Frequently Asked Questions about Niffler
Niffler was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Niffler is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Niffler is a funded company, having raised a total of $1.3M across 2 funding rounds to date.
Annual revenue of Niffler is $2.92K as on Mar 31, 2015.
Niffler was founded in 2013 in Mumbai, India, as an app-based platform in the e-commerce sector. Deals on products such as home decor, apparel, home appliances, and wall decor are offered from local stores. Operations focus on connecting users with nearby retailers via the mobile application, facilitating access to discounted items in the consumer goods market. The service emphasizes regional availability within India.
Niffler's top competitors include Groupon, NearBuy and Little Internet.
Niffler has 3 investors. Key investors include Elevation Capital, Elevation Capital, and Helpch.
The valuation of Niffler is $1.3M as of Sep 2014.