Indian BeehiveNews

Magicpin raises Rs 22.5 crores in Series C Funding

Mumbai: Hyperlocal discovery platform Magicpin has raised nearly $3 Mn ( INR 22.5 Cr) in Series C funding round from Samsung Venture Investment Corporation.

Magicpin’s parent company Samast Technologies has allocated 11 equity share and 510 Series C2 Cumulative Convertible Preference Share (CCPS) at a nominal amount of INR 10 per equity share and INR 100 per Series C2 share.


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