About Pocketin
Pocketin is a company based in Delhi (India) founded in 2015 by Rahul Arora was acquired by OneLoyalCard in January 2017.. Pocketin has raised $150 thousand across 1 funding round from investors including OneLoyalCard and Swastika Co. Pocketin operates in a competitive market with competitors including EazyDiner, EveningFlavors, WowTables, Khaopiyomaujkaro and Freeta, among others.
- Headquarter Delhi, India
- Founders Rahul Arora
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jetstartus Technology Private Limited
- Date of Incorporation 21 Sep, 2015
- Jurisdiction Uttar Pradesh, Uttar Pradesh, India
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Annual Revenue
$8.54 K (USD)238.71as on Mar 31, 2018
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Net Profit
$-13.8 K (USD)79.34as on Mar 31, 2018
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EBITDA
$-13.09 K (USD)80.76as on Mar 31, 2018
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Feb 24, 2016
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Investors
OneLoyalCard
& 1 more
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Employee Count
Employee Count
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Acquired by
OneLoyalCard
(Jan 30, 2017)
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Funding Insights of Pocketin
Pocketin has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in February 2016. 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 — $150,000
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First Round
First Round
(24 Feb 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Seed - Pocketin | Valuation |
investors |
| 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 Pocketin
Pocketin has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include OneLoyalCard and Swastika Co. 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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Indian technology startups are invested in by Swastika VC firm.
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Founded Year | Domain | Location | |
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Delivers a mobile app featuring local shopping deals for consumers.
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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 Pocketin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Pocketin
| 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 |
Pocketin Comparisons
Competitors of Pocketin
Pocketin 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 EazyDiner, EveningFlavors, WowTables, Khaopiyomaujkaro and Freeta, 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 |
Online restaurant table reservation platform
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| domain | founded_year | HQ Location |
Restaurant discovery and online table booking services are offered.
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| domain | founded_year | HQ Location |
Table reservation at fine dining restaurants
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| domain | founded_year | HQ Location |
Provides an online platform for restaurant table bookings.
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| domain | founded_year | HQ Location |
An online platform for seamless table reservations at partnered restaurants.
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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 Pocketin
When was Pocketin founded?
Pocketin was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Pocketin located?
Pocketin is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Pocketin a funded company?
Pocketin is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Feb 24, 2016.
What is the annual revenue of Pocketin?
Annual revenue of Pocketin is $8.54K as on Mar 31, 2018.
What does Pocketin do?
Pocketin is a smartphone application that enables users to discover, compare and choose deals and events at restaurants around them. User can book table at restaurants by sending a reservation request to multiple restaurants at once citing his discount bid. Restaurants then sends a quote with in 30 minutes to the user through the application. Users can then select a restaurant that offers the best price from the quotes. Also offers an in-built chat platform for customers to discover best prices. Claims to have drive more than 8000 downloads and seated more than 6500 diners, as of Feb 2016. Raised seed round of 150k from Hong Kong based Swastika Company in Feb 2016. Plans to partner with more than 1200 restaurants in Delhi NCR in the next six months and seat more than 1 lakh diners.
Who are the top competitors of Pocketin?
Pocketin's top competitors include EazyDiner, EveningFlavors and WowTables.
Who are Pocketin's investors?
Pocketin has 2 investors. Key investors include OneLoyalCard, and Swastika Co.