MagicPin, a Gurugram-based reward, and local discovery startup
Founded by Anshoo Sharma and Brij Bhushan in 2015, the startup provides a platform to help drive business for local retailers through discovery. It also gives rewards to customers for their spending. The founder, Anshoo Sharma was a former Lightspeed India executive, while Brij Bhushan was the former Nexus Venture Partners executive.
The startup is currently operating in 12 cities. It claims to have experienced around 5x growth over the last 1 year. The startup, as of now, has more than 5 Million users including some prominent clients like Hard Rock Café, OYO, Taco Bell, and Pepsi.
With monthly transactions crossing the two million figure, the startup is expected to post gross transactions of around Rs. 200
In March 2018, MagicPin also raised $1 Million in debt funding. According to
Picture Credits: MagicPin