vMobo

Fremont, United States Founded: 2008 • Age: 18 yrs
Interactive text-based direct marketing tools are developed and provided.

About vMobo

vMobo is a Technology company based in Fremont (United States) founded in 2008. Interactive text-based direct marketing tools are developed and provided. vMobo has raised $1.34 million across 2 funding rounds. vMobo has completed 1 acquisition, including Let's Binge. Its Indian entity Vmobo Mobile Private Limited reported revenue of β‚Ή7.6 Lakh. Its focus areas include Enterprise Applications, Loyalty Software, Coalition Loyalty and Multi Industry. Its competitors include Bilt Rewards and Fetch; 2 of its 2 listed competitors have raised funding.

Company details

vMobo develops and offers interactive, text message-based direct marketing applications. It has a flagship product called Vcloud which is a multi-brand rewards privilege program which aims to help retailers by providing a continuous engagement model with the consumers. Acquired Fintech Startup Binge in October 2016. The acquisition also includes a merger with styling startup Dapper Don and has resulted in the launch of a network marketplace of about 120 brands, called VClusive.

Key Metrics
  • Indian entity revenue
    ₹7.6 Lakh

    FY 2025 · +327% YoY

  • Indian entity net loss
    -₹9.9 Lakh

    FY 2025 · -130% margin

  • Indian entity EBITDA
    -₹9.9 Lakh

    FY 2025 · -130% margin

  • Total Equity Funding
    $1.34M (USD)

    in 2 rounds

  • Latest Funding Round
    $646.14K (USD), Seed

    Mar 2011

  • Investments & Acquisitions

Funding Insights of vMobo

vMobo has successfully raised a total of $1.34M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $646.14 thousand completed in March 2011. 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 $1.34M
  • Total Rounds 2
  • Last Round Seed β€” $646,137
  • First Round $690,000

    (Jan 2011)

All 2 funding rounds of vMobo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2011$646,137Seed––
–
Jan 2011$690,000Seed––
–

Board of directors of Vmobo Mobile Private Limited (vMobo)

Vmobo Mobile Private Limited is the primary company behind vMobo. The board of Vmobo Mobile Private Limited currently have 2 directors; the longest-serving is Vinu Sundaresan, appointed in 2009. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vinu Sundaresan
DIN 02459683
Director02 Feb 200917 yrs 8 moVmobo Mobile Private Limited
Sapna Sheri Chepudira
DIN 08394994
Director20 Mar 20197 yrs 7 moVmobo Mobile Private Limited

Financials of vMobo

Figures of Vmobo Mobile Private Limited, the primary company behind vMobo, for FY 2025. Revenue was ₹7.6 Lakh (+327% year on year). Net loss was -₹9.9 Lakh (-130% margin). EBITDA was -₹9.9 Lakh (-130% margin). Revenue has grown at a compounded annual rate of -75% over three years and -61% over five years.

  • ₹7.6 LakhRevenue · FY 2025 · +327% YoY
  • -₹9.9 LakhNet loss · -130% margin
  • -₹9.9 LakhEBITDA · -130% margin
  • ₹6 LakhPaid-up capital
  • -75%Revenue CAGR, 3 years
  • -61%Revenue CAGR, 5 years

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

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Detailed financial statements for vMobo

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Investments & Acquisitions by vMobo

vMobo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Let's Binge.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mobile Wallets for bars and restaurants
letsbinge.comBengaluru, India2014Oct 2016$3.5M
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Timeline of vMobo

4 dated milestones of vMobo across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded vMobo is founded.
  2. Funding First funding round of $690K.
  3. Funding Latest funding round, Seed, of $646K.
  4. Acquisition Acquires Let's Binge.

Competitors of vMobo

vMobo has 2 listed competitors in our database, 2 of them funded. They include Bilt Rewards and Fetch.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
biltrewards.com2021New York, United States$957.52M
Reward-based rental management is facilitated via SaaS for residential properties.
fetch.com2013Madison, United States$582.55M734
Fetch is operated as a rewards app for earning gift cards.
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Detailed competitors of vMobo

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Top companies in Loyalty & Engagement Platforms

3 companies that operate in the same segment as vMobo (Loyalty & Engagement Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cashback is provided on multi-category product purchases via mobile app.
2012Denver, Colorado, United StatesUSD 97.58 MUSD 342.39 M942
Loyalty management solutions are provided for offline retail stores.
2012San Francisco, California, United StatesUSD 23.1 M23
Card-linked marketing solutions are provided to banks and financial institutions.
2008Atlanta, Georgia, United StatesUSD 178 MUSD 233.27 M454
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Related news about Vmobo

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Frequently Asked Questions about vMobo

vMobo was founded in 2008 and raised its 1st funding round 3 years after it was founded.

vMobo is headquartered in Fremont, United States. It is registered at Fremont, California, United States.

vMobo is a funded company, having raised a total of $1.34M across 2 funding rounds to date. The company's 1st funding round was a Seed of $690K, raised on Jan 2011.

The primary company behind vMobo, Vmobo Mobile Private Limited, reported revenue of β‚Ή7.6 Lakh for FY 2025, up 327% year on year.

vMobo develops and offers interactive, text message-based direct marketing applications. It has a flagship product called Vcloud which is a multi-brand rewards privilege program which aims to help retailers by providing a continuous engagement model with the consumers. Acquired Fintech Startup Binge in October 2016. The acquisition also includes a merger with styling startup Dapper Don and has resulted in the launch of a network marketplace of about 120 brands, called VClusive.

vMobo's top competitors include Bilt Rewards and Fetch.

vMobo has made 1 acquisition, including Let's Binge.

vMobo operates through Vmobo Mobile Private Limited.

The legal entities of vMobo currently have 2 directors, including Sapna Sheri Chepudira, Vinu Sundaresan.

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