Instamojo
Bengaluru-based payments and digital commerce platform for Indian MSMEs, offering payment links, an online store builder, and other business tools for micro-merchants, freelancers and small businesses.
Instamojo: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 28 Jun 2021 | Series C | Undisclosed | Mastercard | source |
| 13 Nov 2020 | Pre-Series C | Undisclosed | Base Gunosy Capital | source |
| 16 Jan 2019 | Series B | $7 Mn | AnyPay BeeNext Gunosy Capital Kalaari Capital Rashmi Kwatra | source |
| 18 Aug 2017 | Pre-Series B | Undisclosed | AnyPay Kalaari Capital | source |
| 13 Nov 2014 | Series A | Undisclosed | Blume Ventures Kalaari Capital | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 4 Feb 2020 | Instamojo | GetMeAShop | $5 Mn | source |
News on Instamojo
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Who founded Instamojo?
Instamojo was founded by Sampad Swain, Akash Gehani, Aditya Sengupta, Harshad Sharma in 2012.
How much funding has Instamojo raised?
Instamojo has raised $7 Mn across 5 tracked funding round(s), most recently on 2021-06-28. Figures are compiled from cited public sources.
Who are the investors in Instamojo?
Investors in Instamojo include Mastercard, Base, Gunosy Capital, AnyPay, BeeNext, Kalaari Capital, Rashmi Kwatra.
What does Instamojo do?
Bengaluru-based payments and digital commerce platform for Indian MSMEs, offering payment links, an online store builder, and other business tools for micro-merchants, freelancers and small businesses.
Where is Instamojo headquartered?
Instamojo is headquartered in Bengaluru, Karnataka, India.
What is Instamojo's business model?
Instamojo's core value proposition centers on Instant payment collection without a website, One-click shipping for low-volume sellers, Fast working-capital access for digital sellers, Affordable, India-focused alternative to Shopify.
How does Instamojo make money?
Instamojo's cited revenue streams include Payment processing commission, Lending interest (MojoCapital), IT services revenue.