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Magicpin
Best Deals and Discounts || Restaurants, Spas and Salons
About Magicpin
Magicpin operates as a location intelligence platform that connects offline retailers with customers in the Indian market. The company's primary service is to provide a digital bridge for local businesses, enabling them to attract and retain customers through targeted promotions and deals. The platform covers a wide range of categories, including food, fashion, beauty, and groceries.
Magicpin's business model is centered on a B2B2C approach. It generates revenue by charging businesses for promotions, advertisements, and premium marketing tools. Additionally, the company takes a commission on transactions made by customers through its application. This model allows merchants and brands to fund customized deals for their clients, thereby driving footfall to their offline stores. The platform creates value for the entire hyperlocal retail ecosystem by enabling businesses, both large and small, to leverage the growing digital landscape.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Gurugram, India
- Employees
- 948
- Open positions
- 2
- Dealroom signal
- 64.9/100
- Sub-industry
- In-store Retail & Restaurant Tech
- Sector
- eCommerce & Marketplaces, App, Shopping, Retail, SaaS, Messaging, Banking, Search Engine, Directory, Community, Platform, Chat, Discount
- Business model
- Marketplace & ecommerce
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Apr 2026 | $0 | — | Stride Ventures | ↗ |
| SERIES DOther financing | Nov 2021 | $60M | $240M | Zomato · Lightspeed Venture Partners | ↗ |
Growth signals
Latest recorded traffic for Magicpin is 2.8M monthly website visits, up 40% over the last three months. Magicpin's team declined 2.9% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A1 investor entered at this stage
Series B and later9 investors entered at this stage
Trifecta Capital
WaterBridge Ventures
Srivatsan Rajan
Samsung Ventures- TFThe Bunting Family
Ritesh Agarwal- MCMoonstone Capital
Zomato
Stride Ventures
Other known investors1 additional known investor
Google for Startups Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Magicpin on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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