India Business News: magicFleet, launched in September 2024, has rapidly gained traction, onboarding over 100,000 riders ...

Hyperlocal ecommerce startup Magicpin’s 15-minute food delivery service, MagicNow, currently accounts for 13% of all food delivery orders on the platform, with plans to increase this share to 20 ...

In Magicpin, Zomato is investing $50 million to acquire a 16% stake, it said. The investment is part of a broader $60 million financing round, Magicpin confirmed to TechCrunch.

Founded in 2015, magicpin, which has 10 Mn active users and 9,00,000 merchant partners across 50-plus cities in India, claims to have seen a 4X rise in the number of users since last year FOLLOW ...

Magicpin, an India-based company that combines elements of Foursquare with offline-to-online services, has closed a $7 million Series B round.The money comes from existing backers Lightspeed India ...

Magicpin reduced platform fee to INR 5 from INR 7, while competitors Zomato and Swiggy increased their charges to INR 10. The company recorded 500K food orders during the festive weekend, ...

Magicpin launches MagicNow, a 15-minute food delivery service, challenging Zomato, Swiggy, and others. Partnering with over 3,000 restaurants, including major chains and local eateries, MagicNow ...

magicpin, which is the third largest food delivery player after Zomato and Swiggy, also saw significant growth on the ONDC network, coming out as largest seller app for food delivery on the network.

Magicpin said it has raised $60 million (about ₹ 446 crore) in funding round led by Zomato on Wednesday. The Series D round also saw participation from existing investors, including Lightspeed ...

In terms of business volume, Magicpin is back to a GMV of $1 billion on an annualised basis. Anshoo says the target is to have a four-fivefold growth in GMV over the next 18 months.

MagicPin is present in Delhi, Mumbai and Bengaluru and has recently launched in Hyderabad, Chennai and Pune. With 1.4 million users, the platform drives Rs30 crore of monthly sales for partner ...