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After Grofers Investment, Zomato Invests In Magicpin’s $60M Funding Round | Companies News

by zeenews.india.com posted 2weeks ago 5 views
Zomato has led Magicpin's $60 million Series D funding round. : New Delhi: Magicpin, a platform for discovery and savings in offline retail, on Wednesday said it has raised USD 60 million (about Rs 446 crore) in funding, led by Zomato. The Series D round also saw participation from existing investors, including Lightspeed Venture Partners, a statement said. Magicpin will use funds for deepening its presence in existing markets, launching new markets, and expanding across categories, it added. The company has raised about USD 100 million till date.

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