Magicpin
Founded 2015 · 909 employees on LinkedIn · 5 known investors
magicpin is an Indian hyperlocal retail platform that helps customers discover local stores and brands across categories like food, fashion, beauty, grocery, and pharmacy while earning savings and rewards on purchases. It connects retailers and brands with nearby customers, offering an omnichannel marketing platform to boost demand and visibility.
Founders & leadership
Magicpin was founded in 2015 by Anshoo Sharma.
AS
Anshoo SharmainCo-founder and CEO
Investors · 5
Lightspeed Venture PartnersMenlo Park · $1.7M – $87M
Trifecta Capital AdvisorsGurugram
WaterBridge VenturesNew Delhi
Stride Venturesreported · 2 sourcesGurugram
Also in the syndicate · 1
Zomatolead
Funding
SEC filings, press & company announcements$60M disclosed across 1 of 3 rounds · 2021–2026
- $60MSeries DNov 2021 · 2 sources
Zomato (lead), Lightspeed Venture Partners
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 9
by search overlapZomato9593 shared keywordsZomato operates a restaurant discovery and food delivery platform across India, alongside the quick-commerce grocery service Blinkit.
Atly5695 shared keywordsAtly is a location discovery app that helps people find restaurants, bars, and places to visit through personalized recommendations and user-generated tips. The consumer platform has been described as combining social community content with map-based navigation.
Eazydiner, Homepage5258 shared keywordsEazyDiner is a restaurant discovery, reservation, and dining rewards platform covering over 40,000 restaurants across 150+ cities in India and the UAE. It lets diners book tables, pay bills in-app, and access discounts, credit/debit card offers, and loyalty rewards.
Uber Eats4671 shared keywordsEasiest way for consumers and businesses to order food from favorite local eateries
DoorDash4486 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Wanderlog4246 shared keywordsWanderlog is a travel planning app that allows users to create detailed itineraries, explore shared guides from other travelers, and manage bookings—integrating attractions on maps, reservations, budgeting, and route optimization in a single platform.
Grubhub3771 shared keywordsChicago-based online food ordering and delivery platform, formerly NYSE-listed, now owned by Marc Lore's Wonder Group.
Nextdoor (NYSE: 2021)3341 shared keywordsNeighborhood social network; IPO 2021
BirdEye2895 shared keywordsBirdeye offers an AI-powered platform with multi-agent "AI Coworkers" that handle marketing, operations, and customer experience tasks such as search optimization, review generation, listings management, social posting, and front-desk coordination. It serves multi-location businesses, providing a unified view of customers, locations, and interactions.
Companies competing with Magicpin for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Magicpin do?
- magicpin is an Indian hyperlocal retail platform that helps customers discover local stores and brands across categories like food, fashion, beauty, grocery, and pharmacy while earning savings and rewards on purchases. It connects retailers and brands with nearby customers, offering an omnichannel marketing platform to boost demand and visibility.
- Who founded Magicpin?
- Magicpin was founded by Anshoo Sharma in 2015.
- Who are Magicpin's investors?
- Magicpin's investors include Lightspeed Venture Partners, Trifecta Capital Advisors, WaterBridge Ventures, Stride Ventures.
- How much funding has Magicpin raised?
- Magicpin has disclosed $60M raised across 1 of its 3 known rounds.