Who founded Magicpin?

Magicpin was founded by Anshoo Sharma in 2015.

Who are Magicpin's investors?

Magicpin's investors include Lightspeed India Partners, 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.

Magicpin

Founded 2015 · 909 employees on LinkedIn · 6 known investors

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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.

Consumer E-commerce Marketplaces Retail Tech

Founders & leadership

Magicpin was founded in 2015 by Anshoo Sharma.

Anshoo Sharma Co-founder and CEO

Investors · 6

Lightspeed India Partnerslisted by Lightspeed India PartnersBengaluru

How we know: Lightspeed India Partners's portfolio page · Not right? Tell us

Lightspeed Venture Partnerslisted by Lightspeed Venture PartnersMenlo Park · $1M – $5M

How we know: Lightspeed Venture Partners's portfolio page · livemint.com · open dataset · 5k.vc investor directory · Not right? Tell us

Trifecta Capital Advisorslisted by Trifecta Capital AdvisorsGurugram

How we know: Trifecta Capital Advisors's portfolio page · Not right? Tell us

WaterBridge Ventureslisted by WaterBridge VenturesNew Delhi

How we know: WaterBridge Ventures's portfolio page · Not right? Tell us

Stride Venturesreported

How we know: press coverage · funding news · Not right? Tell us

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.

Related companies · 10

ZomatoZomato operates a restaurant discovery and food delivery platform across India, alongside the quick-commerce grocery service Blinkit.

AtlyAtly 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.

WazeWorld's largest community-based traffic and navigation app.

Eazydiner, HomepageEazyDiner 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 EatsEasiest way for consumers and businesses to order food from favorite local eateries

DoorDashDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.

WanderlogWanderlog 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.

GrubhubChicago-based online food ordering and delivery platform, formerly NYSE-listed, now owned by Marc Lore's Wonder Group.

NextdoorNeighborhood social network; IPO 2021

BirdEyeBirdeye 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 working in the same space as Magicpin.

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 India Partners, 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.