Instamojo

Instamojo is an online platform that facilitates customers to sell their digital goods like eBooks, reports, music, software etc. by…

instamojo.com

Instamojo is an online platform that facilitates customers to sell their digital goods like eBooks, reports, music, software etc. by listing the item on the website and sharing the web link with others. Instamojo also has a hassle-free payment checkout system and the payout is done in 3 days to the bank account of customer's choice. Takes a commission of 5% per transaction for digital products hosted on its site, and 1.9% for products hosted on other storefronts. Started support for selling physical goods in June 2014. Backed by prominent angel investors such as Rajan Anandan, Sunil Kalra, and Dave McClure. Raised Series A from Kalaari Capital in Nov 2014. In Aug 2016, Instamojo started accepting digital wallets through its payment gateway. Partnered with ICICI Bank to roll out UPI-based payments

SECTOR

Fintech

TAGS

Business Development, E-Commerce, Financial Services, Payments, Computer Hardware, Computer Software, Startup

AREA

Bengaluru(approximate)

FOUNDED

2012

TEAM SIZE

101-250

TOTAL FUNDING

$8.44M

FOUNDERS

• Aditya Sengupta
• Akash Gehani
• Harshad Sharma
• Sampad Swain

We know Instamojo is based in Bengaluru, but no public street address was found — its pin on the map is indicative only. Know the address?