Pocketin

Delhi, India Founded: 2015 • Age: 11 yrs Acquired By OneLoyalCard
Mobile application to discover deals and book tables at restaurants

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.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹5.9 Lakh

    FY 2018 · +239% YoY

  • Net Loss
    -₹9.6 Lakh

    FY 2018 · -161% margin

  • EBITDA
    -₹9.1 Lakh

    FY 2018 · -152% margin

  • Total Equity Funding
    $150K (USD)

    in 1 rounds

  • Latest Funding Round
    $150K (USD), Seed

    Feb 2016

  • Investors
  • Acquired by
    OneLoyalCard

    (Jan 2017)

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 $150,000
  • Total Rounds 1
  • Last Round Seed β€” $150,000
  • First Round $150,000

    (Feb 2016)

  • Investors Count 1

All 1 funding rounds of Pocketin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2016$150,000Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in Pocketin

Pocketin has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include OneLoyalCard and Swastika Co.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Indian technology startups are invested in by Swastika VC firm.
–swastikaco.comTsim Sha Tsui, China
Delivers a mobile app featuring local shopping deals for consumers.
2015oneloyalcard.comDelhi, India
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Investor details for Pocketin

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  • Round participation
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Board of directors of Jetstartus Technology Private Limited (Pocketin)

Jetstartus Technology Private Limited is the primary company behind Pocketin. The board of Jetstartus Technology Private Limited currently have 4 directors; the longest-serving is Abhishek Kumar Mishra, appointed in 2016. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abhishek Kumar Mishra
DIN 07668823
Additional Director01 Dec 20169 yrs 10 moJetstartus Technology Private Limited
Kushagra Gahlaut
DIN 07668825
Additional Director01 Dec 20169 yrs 10 moJetstartus Technology Private Limited
Vaibhav Jain
DIN 07553344
Additional Director01 Dec 20169 yrs 10 moJetstartus Technology Private Limited
Kshitij Mehra
DIN 07292123
Director02 Jun 20179 yrs 4 moJetstartus Technology Private Limited

People of Pocketin

1 people are tracked at Pocketin (1 in leadership).

NameRoleGroup
Rahul Arora
Co-FounderLeadership
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Financials of Pocketin

Figures of Jetstartus Technology Private Limited, the primary company behind Pocketin, for FY 2018. Revenue was ₹5.9 Lakh (+239% year on year). Net loss was -₹9.6 Lakh (-161% margin). EBITDA was -₹9.1 Lakh (-152% margin).

  • ₹5.9 LakhRevenue · FY 2018 · +239% YoY
  • -₹9.6 LakhNet loss · -161% margin
  • -₹9.1 LakhEBITDA · -152% margin
  • ₹1.4 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Jetstartus Technology Private Limited are on its company page.

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Detailed financial statements for Pocketin

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Timeline of Pocketin

3 dated milestones of Pocketin across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pocketin is founded.
  2. Funding First funding round of $150K.
  3. Exit Acquired by OneLoyalCard.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
eazydiner.com2014Gurugram, India$21.09M318
Online restaurant table reservation platform
eveningflavors.com2009Bengaluru, India$520,2646
Restaurant discovery and online table booking services are offered.
wowtables.com2012Mumbai, India$485,821–
Table reservation at fine dining restaurants
khaopiyomaujkaro.com2016Ludhiana, India––
Provides an online platform for restaurant table bookings.
freeta.in2018Mumbai, India––
An online platform for seamless table reservations at partnered restaurants.
tablegrabber.com2012Delhi, India––
Instant restaurant reservations are enabled through an online platform.
bookmytable.co.in2016Hyderabad, India––
Offers app-based service for quick restaurant reservations across multiple cities.
gottable.in2017Mysuru, India––
A mobile app for seamless restaurant table reservations.
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Detailed competitors of Pocketin

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Latest news on Pocketin

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Complete news archive for Pocketin

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Similar companies to Pocketin

10 companies that operate in the same segment as Pocketin (Food & Beverage Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform food ordering and delivery service
2008Gurugram, Haryana, IndiaUSD 1.69 BUSD 5.79 B7,780
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
Food and market delivery services are provided by iFood.
2011Sao Paulo, BrazilUSD 590.8 M––
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Restaurant operations are managed via a cloud-based platform.
2011Boston, Massachusetts, United StatesUSD 1.15 BUSD 6.15 B5,700
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
Food delivery services are offered in major Indian cities.
2012Mumbai, Maharashtra, IndiaUSD 97.72 MUSD 39.01 M3,150
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Frequently Asked Questions about Pocketin

Pocketin was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Pocketin is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

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 2016.

The primary company behind Pocketin, Jetstartus Technology Private Limited, reported revenue of β‚Ή5.9 Lakh for FY 2018, up 239% year on year.

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.

Pocketin's top competitors include EazyDiner, EveningFlavors and WowTables.

Pocketin has 2 investors. Key investors include OneLoyalCard, and Swastika Co.

Pocketin operates through Jetstartus Technology Private Limited.

Yes. Pocketin was acquired by OneLoyalCard in January 2017.

The legal entities of Pocketin currently have 4 directors, including Abhishek Kumar Mishra, Kushagra Gahlaut, Kshitij Mehra and others.

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