# Magicpin funding: rounds and investors

> Magicpin has raised $80M across 2 rounds since 2018. Investors include Lightspeed Venture Partners, Peak XV and Bain & Co. Every round with its source.

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

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

# Who invested in *Magicpin*

2 rounds we have observed, with the 5 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.

Advertising & Adtech

Funding summary Updated 26 Oct 2026

**$80M** raised across 2 rounds since 2018, from 2 sources

**$20M** Series C **$60M** Series D

- **Latest round:** Series D, $60M Nov 2021
- **Step-up i:** 3×
- **Investors:** 5

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.

2019 2020 2021

**$20M** Series C

**$60M** Series D

- **First round:** Series C, $20M
- **Biggest round:** $60M
- **Between rounds:** 2.9 years

## The rounds

- **Nov 2021** Series D **$60M** *2 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Peak XV](https://millionrounds.com/fund/peak-xv) Source recorded
- **Nov 2018** Series C **$20M** *3 new* Bain & Co Lightspeed Venture Partners/ Waterbridge Srivatsan Rajan Reported by YourStory

## Founders and team

From Magicpin's own website: 1 founder, 7 on the team.

**Anshoo Sharma** Co-founder and CEO

- **Gandharv Madan** Vice President, Product
- **Tarun Kumar** Vice President, Finance
- **Vinod Jain** Vice President, Sales
- **Yash Chopra** Vice President, Sales
- **Chunky Shah** SVP & Head of Finance
- **Kunal Gupta** VP, Technology
- **Ritish Jain** Director, Finance

## 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.

**Series C** 2018 **Series D** 2021 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Peak XV](https://millionrounds.com/fund/peak-xv) Bain & Co Lightspeed Venture Partners/ Waterbridge Srivatsan Rajan

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round

Bain & Co no record of our own yet **1** round

Lightspeed Venture Partners/ Waterbridge no record of our own yet **1** round

Srivatsan Rajan 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=magicpin).

## Also claim to have backed them

This firm lists Magicpin 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.

[Alphatron Capital](https://millionrounds.com/fund/alphatron-capital) VC firm Per its own site

## Quick answers about Magicpin

### Who invested in Magicpin?

Magicpin's investors include Lightspeed Venture Partners, Peak XV, Bain & Co, Lightspeed Venture Partners/ Waterbridge and Srivatsan Rajan.

### How much has Magicpin raised?

Magicpin has raised $80M across 2 rounds since 2018.

### When did Magicpin last raise?

Magicpin's most recent round was a Series D of $60M in Nov 2021.

### What was Magicpin's biggest round?

Its most recent round, $60M in Nov 2021, is also its largest on record.

### Who backed Magicpin first?

Magicpin's first round on record, in Nov 2018, was backed by Bain & Co, Lightspeed Venture Partners/ Waterbridge and Srivatsan Rajan.

### What stage is Magicpin at?

Magicpin's latest named round is a Series D, in Nov 2021.

### Where is Magicpin based?

Magicpin is based in India.

## Companies like Magicpin

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

[**Qoruz** $1.5M · Jul 2025](https://millionrounds.com/company/qoruz)[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Cuttable** $29M · Oct 2026](https://millionrounds.com/company/cuttable)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app