About PocketATM
PocketATM is a company based in Mumbai (India) founded in 2021 by Sushil Kurri and Mihir Mehta. PocketATM has raised $670.18 thousand across 3 funding rounds from investors including Samir Krishan Modi, Himanshu Nautiyal and Nirav Mehta. The company has 1 employees as of April 01, 2024. PocketATM offers products and services including Doorstep banking APIs, Soundbox/UPI QR solution, 360° Merchant Application, and ONDC Integration. PocketATM operates in a competitive market with competitors including Sonect, SPARE, SOCASH, Airbanq and Nakitex, among others.
- Headquarter Mumbai, India
- Employees 1 as on 01 Apr, 2024
- Founders Sushil Kurri, Mihir Mehta
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Optimoney Technologies Private Limited
- Date of Incorporation 21 Aug, 2021
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
Not available
-
Net Profit
-$1.92 K (USD)0as on Mar 31, 2022
-
EBITDA
-$1.62 K (USD)0as on Mar 31, 2022
-
Total Equity Funding
$670.18 K (USD)
in 3 rounds
-
Latest Funding Round
$400 K (USD), Seed
Feb 13, 2024
-
Investors
Indian Express Commercial Ventures
& 23 more
-
Employee Count
1
as on Apr 01, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of PocketATM
PocketATM offers a comprehensive portfolio of products and services, including Doorstep banking APIs, Soundbox/UPI QR solution, 360° Merchant Application, and ONDC Integration.
Facilitates convenient doorstep banking through easy integration.
Provides end-to-end hardware and software for transactions.
Offers audio notifications and real-time reporting for merchants.
Enables seamless data exchange with ONDC network.
Funding Insights of PocketATM
PocketATM has successfully raised a total of $670.18K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in February 2024. 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 PocketATM
PocketATM has secured backing from 24 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Samir Krishan Modi, Himanshu Nautiyal and Nirav Mehta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for PocketATM
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PocketATM
Investment portfolio details for PocketATM
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - PocketATM
Detailed financials for PocketATM
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Pocketatm Comparisons
Peer comparison for PocketATM
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of PocketATM
PocketATM 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 Sonect, SPARE, SOCASH, Airbanq and Nakitex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cash withdrawals are enabled at kiosks and shops via smartphones.
|
|
| Locked | Locked | Locked |
Cash withdrawal solutions are enabled for consumers via virtual ATMs.
|
|
| Locked | Locked | Locked |
Cash withdrawals are enabled through a mobile app platform.
|
|
| Locked | Locked | Locked |
Offers a mobile app for cash checking and management.
|
|
| Locked | Locked | Locked |
Offers an app-based platform for convenient cash withdrawals.
|
Detailed competitors of PocketATM
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Pocketatm
Complete news archive for PocketATM
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PocketATM
PocketATM was founded in 2021 and raised its 1st funding round 1 year after it was founded.
PocketATM is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mihir Mehta is the current CEO of PocketATM. They have also founded this company.
PocketATM is a funded company, having raised a total of $670.18K across 3 funding rounds to date.
As of Apr 01, 2024, the latest employee count at PocketATM is 1.
PocketATM was founded in 2021 in Mumbai, India, operating in the fintech sector. Cash dispensing and withdrawal services are delivered through a mobile application available on iOS and Android platforms. Single-click access to transaction records is enabled for users, including businesses and individuals. An end-to-end soundbox solution is offered to customers such as cooperative banking entities. Plug-and-play APIs are provided for integration into banking applications.
PocketATM offers Doorstep banking APIs, Soundbox/UPI QR solution, 360° Merchant Application, and ONDC Integration.
PocketATM has 24 investors. Key investors include Samir Krishan Modi, Himanshu Nautiyal, Nirav Mehta, Venkatesh Hariharan, and Rajat Agarwal.