Instamojo

paymentspayment gateways

FOUNDING YEAR: 2012
LOCATION: India
Last Update: 10/07/2020

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About

Instamojo provides customers a platform to sell digital goods like ebooks, reports, comic books, music, software, templates, photos, tutorials etc. by listing the item on the website and sharing the web link with others.

Focus

PRODUCTS & SERVICES

Instamojo provide Payment Gateway. Helps individuals and small businesses in collect payments online by only sharing a link with their audience.

REVENUE MODEL

Company charge 2% of every successful transaction plus INR 3 for selling digital goods on its digital store.

MAIN CLIENTS

Menstrupedia.com

Twikster

imtips.co

www.squareoff.in

EXISTING PARTNERSHIPS

mypacco

browntape

QuickCompany

clearTax

exotel

COMMENT

The platform give sthe users the advantage and convenience of requesting payment instantly via Email & SMS.

Traction

VALUATION / MARKET CAP:

$3.33 M in 2015

TRACTION COMMENT:

With over 300000 small and medium businesses on its platform, Instamojo claims to cover 10% of the digitally active SMEs in India and enables about 30% of the turnover annually. (August 2017).

People

FOUNDERS

Harshad Sharma

Akash Gehani

Sampad Swain

Aditya Sengupta

BOARD MEMBERS AND ADVISORS

Avlesh Singh

NUMBER OF EMPLOYEES

51-200

INVESTORS:

500 Startups

Anypay

Beenext

Bharathram Thothadri

Blume Ventures

Kalaari Capital

Rajan Anandan

Rob de Heus

Shailesh Rao

Sunil Kalra

Momentum

FUNDED

YES

TOTAL FUNDING

$8.44 M

DATE OF LAST FUNDING

Mar 2020

TOTAL FUNDING COMMENT

With the new funds Instamojo plans to foray into newer areas and build competencies to enhance offerings for SME users.

SEED & PRIOR FUNDING

$500 K

SEED CLOSED ON

May 2013

FUNDING SERIES

SERIES A  · ---  · Nov 2014

SERIES B  · $7 M  · Jan 2019

OTHERS  · $944.53 K · Mar 2020

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2012

LOCATION:

India

Views:

154 VISITORS | 266 VIEWS
LATEST FUNDING ROUND

$8.44 M

TOTAL EMPLOYEES
51-200

About

Instamojo provides customers a platform to sell digital goods like ebooks, reports, comic books, music, software, templates, photos, tutorials etc. by listing the item on the website and sharing the web link with others.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

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