About OroPocket
OroPocket is a company based in Delhi (India) founded in 2011 by Mohit Madan and Tarusha Mittal. OroPocket has raised $23.22 thousand across 1 funding round from investors including Artha Energy Resources, Chatur Ideas and Vikram Chachra. The company has 23 employees as of April 30, 2023. OroPocket operates in a competitive market with competitors including MMTC-PAMP India, Sln Bullion, Shree Trilochan Jewellers, Bullion India and Dvara SmartGold, among others.
- Headquarter Delhi, India
- Employees 23 as on 30 Apr, 2023
- Founders Mohit Madan, Tarusha Mittal
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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
$23.22 K (USD)
in 1 rounds
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Latest Funding Round
$23.22 K (USD), Seed
Apr 11, 2017
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Investors
Artha Energy Resources
& 11 more
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Employee Count
23
as on Apr 30, 2023
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Funding Insights of OroPocket
OroPocket has successfully raised a total of $23.22K through 1 strategic funding round. The most recent funding activity was a Seed round of $23.22 thousand completed in April 2017. 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 Seed — $23,223
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First Round
First Round
(11 Apr 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Seed - OroPocket | Valuation | Artha Energy Resources , Vikram Chachra |
Investors in OroPocket
OroPocket has secured backing from 12 investors, including institutional and angel investors. Prominent investors backing the company include Artha Energy Resources, Chatur Ideas and Vikram Chachra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Platform for mapping renewable energy generation assets
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Founded Year | Domain | Location | |
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Online platform connecting startups with investors and mentors
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Founded Year | Domain | Location | |
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VC
Vikram Chachra |
Founding Partner at 8i Ventures, active angel investor in Indian startups
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Founded Year | Domain | Location |
Investments & Acquisitions by OroPocket
Financial Statements - OroPocket
Oropocket Comparisons
Competitors of OroPocket
OroPocket 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 MMTC-PAMP India, Sln Bullion, Shree Trilochan Jewellers, Bullion India and Dvara SmartGold, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Trading in precious metals is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Precious metals are traded via an online platform for individuals.
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| domain | founded_year | HQ Location |
Gold wholesale and jewellery services based in Varanasi, India.
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| domain | founded_year | HQ Location |
Alternative investment platform for silver & gold
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| domain | founded_year | HQ Location |
Alternative investment platform focused on gold investments
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Frequently Asked Questions about OroPocket
OroPocket was founded in 2011 and raised its 1st funding round 6 years after it was founded.
OroPocket is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Mohit Madan is the current CEO of OroPocket. They have also founded this company.
OroPocket is a funded company, having raised a total of $23.22K across 1 funding round to date. The company's 1st funding round was a Seed of $23.22K, raised on Apr 11, 2017.
As of Apr 30, 2023, the latest employee count at OroPocket is 23.
OroPocket was founded in 2011 in Delhi, India, as a blockchain-based platform focused on precious metals investments. Operations center on gold, silver, and similar assets, supporting micro-transactions, loans, savings, and financial management. The platform is accessible through iOS and Android applications, serving users in the fintech and commodities sectors.
OroPocket's top competitors include MMTC-PAMP India, Sln Bullion and Bullion India.
OroPocket has 12 investors. Key investors include Artha Energy Resources, Chatur Ideas, Vikram Chachra, Taha Nabee, and Anand Ladsariya.
The valuation of OroPocket is $579.39K as of Apr 2017.