# Instamojo funding: rounds and investors

> Instamojo has raised $7.5M across 6 rounds since 2012. Investors include 500 Global, Blume Ventures and Rajan Anandan. Every round with its source.

Source: https://millionrounds.com/company/instamojo (Millionrounds; every figure on the page links to its filing or article)

India · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Instamojo*

6 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Software

Funding summary Updated 26 Oct 2026

**$7.5M** raised across 6 rounds since 2012, from 6 sources

**$500K** Seed **$7.0M** Series B

- **Latest round:** Series B, $7.0M Jan 2019
- **Step-up i:** 14×
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017 2018 2019

**?** Seed

**?** Seed

**?** Venture

**?** Series A

**$7.0M** Series B

- **First round:** Seed
- **Biggest round:** $7.0M
- **Usual gap between rounds:** 4 months

[**Instamojo** Enterprise 1 / 14 Their pitch deck **Instamojo's pitch deck, 14 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/instamojo)

## The rounds

- **Jan 2019** Series B **$7.0M** *4 new* [BEENEXT](https://millionrounds.com/fund/beenext) [Gunosy Capital](https://millionrounds.com/fund/gunosy-capital) AnyPay/ Kalaari Rashmi Kwatra Reported by TechCrunch SEC filing: $6.3M sold, first sale Dec 2018
- **Nov 2014** Series A **Amount undisclosed** *1 new* *2 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Blume Ventures](https://millionrounds.com/fund/blume-ventures) [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) From a historical funding record
- **May 2013** Seed **$500K** *3 new* *3 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Blume Ventures](https://millionrounds.com/fund/blume-ventures) [Rajan Anandan](https://millionrounds.com/fund/rajan-anandan) [Shailesh Rao](https://millionrounds.com/fund/shailesh-rao) [Rob de Heus](https://millionrounds.com/fund/rob-de-heus) Bharathram Thothadri From a historical funding record
- **Feb 2013** Venture **Amount undisclosed** *1 new* [Blume Ventures](https://millionrounds.com/fund/blume-ventures) Reported by finsmes.com
- **Oct 2012** Seed **Amount undisclosed** *1 new* [500 Global](https://millionrounds.com/fund/500-startups) Reported by medianama.com
- **Jul 2012** Seed **Amount undisclosed** *2 new* [Rajan Anandan](https://millionrounds.com/fund/rajan-anandan) [Sunil Kalra](https://millionrounds.com/fund/sunil-kalra) Reported by pluggd.in

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Seed** 2012 **Venture** 2013 **Seed** 2013 **Series A** 2014 **Series B** 2019 [500 Global](https://millionrounds.com/fund/500-startups) [Blume Ventures](https://millionrounds.com/fund/blume-ventures) [Rajan Anandan](https://millionrounds.com/fund/rajan-anandan) [BEENEXT](https://millionrounds.com/fund/beenext) [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) [Sunil Kalra](https://millionrounds.com/fund/sunil-kalra) [Shailesh Rao](https://millionrounds.com/fund/shailesh-rao) [Rob de Heus](https://millionrounds.com/fund/rob-de-heus) [Gunosy Capital](https://millionrounds.com/fund/gunosy-capital) AnyPay/ Kalaari

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **3** rounds

[Blume Ventures](https://millionrounds.com/fund/blume-ventures) VC firm **3** rounds

[Rajan Anandan](https://millionrounds.com/fund/rajan-anandan) VC firm **2** rounds

[BEENEXT](https://millionrounds.com/fund/beenext) VC firm **1** round

[Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) VC firm **1** round

[Sunil Kalra](https://millionrounds.com/fund/sunil-kalra) Angel **1** round

[Shailesh Rao](https://millionrounds.com/fund/shailesh-rao) Angel **1** round

[Rob de Heus](https://millionrounds.com/fund/rob-de-heus) VC firm **1** round

[Gunosy Capital](https://millionrounds.com/fund/gunosy-capital) VC firm **1** round

AnyPay/ Kalaari no record of our own yet **1** round

Bharathram Thothadri no record of our own yet **1** round

Rashmi Kwatra no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=instamojo).

## Also claim to have backed them

This firm lists Instamojo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) Corporate VC 2020, per its site

## Quick answers about Instamojo

### Who invested in Instamojo?

Instamojo's investors include 500 Global, Blume Ventures, Rajan Anandan, BEENEXT and Kalaari Capital, and 7 more on record.

### How much has Instamojo raised?

Instamojo has raised $7.5M across 6 rounds since 2012. 4 rounds did not disclose an amount, so the total is a floor.

### When did Instamojo last raise?

Instamojo's most recent round was a Series B of $7.0M in Jan 2019.

### What was Instamojo's biggest round?

Its most recent round, $7.0M in Jan 2019, is also its largest on record.

### Who backed Instamojo first?

Instamojo's first round on record, in Jul 2012, was backed by Rajan Anandan and Sunil Kalra.

### What stage is Instamojo at?

Instamojo's latest named round is a Series B, in Jan 2019.

### Where is Instamojo based?

Instamojo is based in India.

## Companies like Instamojo

In the same sector, and raised in the last eighteen months.

[**RocketPay** $1.1M · Oct 2026](https://millionrounds.com/company/rocketpay)[**Ionage** $1.3M · Oct 2026](https://millionrounds.com/company/ionage)[**NeoGrowth** $99M · Oct 2026](https://millionrounds.com/company/neogrowth)[**StockGro** $28M · Oct 2026](https://millionrounds.com/company/stockgro)[**Jeeves** $210M · Sept 2026](https://millionrounds.com/company/jeeves)[**Kissht** $97M · Sept 2026](https://millionrounds.com/company/kissht)

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