Multipl - About the company
Multipl is a seed company based in Bengaluru (India), founded in 2019 by Vikas Jain, Jags Raghavan and Paddy Raghavan. It operates as a Goal-based savings platform for individuals. Multipl has raised $5.47M in funding from Blume Ventures and MIXI Global Investments, with a current valuation of ₹*****.
Company Details
Goal-based savings platform for individuals. Users can set monthly goals to schedule auto-investments, choose a co-brand to save with, and redeem goals from the brand or withdraw funds with returns.
- Website
- multipl.in
- Social
- Email ID
- *****@multipl.in
- Phone Number
- +91 **********
- Registered Address
- SLV Arcade, 2nd Floor,No. 57 Old No. 320/D, 9th Main Road, 40th Cross, 5th Block, Ja, yanagar, Bangalore, Bangalore, Karnataka, India, 560011
Legal entities associated with Multipl
Multipl is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sep 12, 2020 | $93.5K (as on Mar 31, 2024) | 34 (as on Aug 31, 2025) | ||
Dec 25, 2019 | $65.2K (as on Mar 31, 2024) | - |
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Multipl's funding and investors
Multipl has raised a total funding of $5.47M over 6 rounds. Its first funding round was on Dec 31, 2020. Its latest funding round was a Seed round on Jun 11, 2025 for $*****. 1 investor participated in its latest round. Multipl has 12 institutional investors and 41 angel investors.
Here is the list of recent funding rounds of Multipl:
Filter this list
Filter this listDate of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2025 | 3534529 | Seed | 3056795 | 5986540 | 8220762 | 3153272 |
Jul 03, 2024 | 5396781 | Seed | 9584823 | 3852385 | 2503584 | 3881221 |
May 02, 2022 | 4602675 | Seed | 1542594 | 1472534 |
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Multipl's founders and board of directors
Founder? Claim ProfileThe founders of Multipl are Vikas Jain, Jags Raghavan and Paddy Raghavan. Paddy Raghavan is the CEO of Multipl.
Here are the details of Multipl's key team members:
- Vikas Jain: Co-Founder of Multipl. They serve on the board of 1 company.Contact Info: 1 email address
- Jags Raghavan: Co-Founder & COO of Multipl. They serve on the board of 1 company.Contact Info: 1 email address
- Paddy Raghavan: Co-Founder & CEO of Multipl. They serve on the board of 1 company.Contact Info: 1 email address
Multipl's Board of Directors
Multipl's board has 3 active members. , and are part of team.Here is the list of Multipl's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 0m | |
Team | - | Current | 5y 0m | |
Team | - | Current | 5y 0m |
View details of Multipl's Founder profiles and Board Members
Multipl's employee count trend
Multipl has 34 employees as of Aug 25. Here is Multipl's employee count trend over the years:
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Multipl's Competitors and alternates
Top competitors of Multipl include Zave, Bachat and investu. Here is the list of Top 10 competitors of Multipl, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Goal-based savings platform for individuals | $5.47M | 56/100 | ||
2nd | App-based platform offering rewards for multi-category products | - | - | 26/100 | |
3rd | Savings management app | - | - | 15/100 | |
4th | Online goal based investment platform for individuals | - | - | 15/100 |
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Multipl's Latest cap tables and shareholding
Founders (largest shareholder) own 44.38%, Funds own 32.76%, Enterprises own 4.79% and Angels own 9.24%. The net worth of Multipl's founders is INR 45Cr as of Jun 11, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 44.38% | 45Cr | 7954857 | 1447543 | 3281107 | 9868937 |
1321687 | 7928001 | 9084944 | 1439455 | 6928374 | 2460119 | |
5112760 | 4330358 | 9137294 | 5241290 | 4211812 | 5640281 | |
7025434 | 9637591 | 1302965 | 2738676 | 4321876 | 7405836 | |
Fund | 32.76% | 33.2Cr | 9009952 | 2469577 | 5196328 | 9789165 |
0 | 0 | 0 | 0 | 0 | 0 | |
2958318 | 6980618 | 6377814 | 4823744 | 6974081 | 6460333 | |
43 | 83 | 81 | 46 | 18 | 41 | |
Enterprise | 4.79% | 4.86Cr | 5153 | 3040 | 3183 | 3179 |
Angel | 9.24% | 9.37Cr | 5845139 | 4167233 | 9887293 | 7466133 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.36% | 36.4L | 0 | 0 | 0 | 0 |
ESOP Pool | 8.48% | 8.6Cr | 3461154 | 7134971 | 7553197 | 4999063 |
Total | 100.00% | 101Cr | 4270149 | 8189834 | 2728017 | 1378837 |
To unlock detailed Cap Table of Multipl Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Multipl's Shareholding
Multipl's Investments and acquisitions
Multipl has made no investments or acquisitions yet.
Reports related to Multipl
Here is the latest report on Multipl's sector:
News related to Multipl
Media has covered Multipl for 1 event in last 1 year, It was about partnerships.
•
Multipl Partners with FundsIndia to Expand Spendvesting to MFDs Across IndiaAsian News International•Jun 24, 2025•Multipl, FundsIndia
•
Multipl Secures $1.5 Million in Additional Funds, Led by Blume Ventures and MIXI Global Investments, JapanMedia Bulletins•Jul 18, 2024•Multipl, Blume Ventures, MIXI Global Investments, GrowX Ventures and 2 others
•
Berlin-based insurtech SureIn secures €4 million to bridge the insurance gap for SMBsEU-Startups•Aug 16, 2023•SureIn, PactVC, SURE Insurance, xdeck and 3 others
•
•
Fintech platform Multipl raises $3 million in pre-series A fundingBusiness Today•May 10, 2022•Multipl FinTech Solutions, Blume Ventures, GrowX Ventures, IIFL Home Loans and 3 others
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